Jun 25, 2025
FAYAT Group to Acquire LeeBoy in Strategic Expansion of Road Equipment Division
BY AsphaltPro Staff
FAYAT Group has announced the signing of an agreement with ST Engineering for the acquisition of LeeBoy, a U.S.-based manufacturer known for its comprehensive line of road construction and maintenance equipment.
This strategic move is set to strengthen FAYAT’s position in the road equipment market by integrating LeeBoy’s product offerings, which include asphalt pavers, compact motor graders, and road maintenance machinery. The acquisition aligns with FAYAT’s ongoing commitment to deliver innovative and sustainable solutions to the global construction industry.
According to the announcement, the completion of the transaction remains subject to certain conditions, including customary regulatory approvals in the United States. FAYAT Group anticipates finalizing the acquisition in the fourth quarter of 2025.
With operations in 170 countries and more than 23,000 employees worldwide, FAYAT continues to expand across its seven core business lines: Civil Works, Foundations, Building, Energy & Services, Metal, Pressure Vessels, and Road Equipment. The company reported a turnover of 5.7 billion euros in 2024.
The integration of LeeBoy into the FAYAT portfolio underscores the Group’s long-term strategy to enhance its global footprint in road construction machinery while reinforcing its presence in the North American market.
