Responsive Image Banner

Read this article in Français Deutsch Italiano Português Español

Fayat to acquire US-based road equipment maker LeeBoy

Mitchell Keller Deputy Editor, International Construction

25 June 2025

French construction and industrial conglomerate Fayat Group has signed an agreement to acquire LeeBoy, a US manufacturer of road construction equipment, from Singapore-based ST Engineering.

Fayat logo

Headquartered in North Carolina, US, LeeBoy produces a range of machines including asphalt pavers, compact motor graders and road maintenance tools.

Fayat, which generated €5.7 billion (US$6.6 billion) in turnover in 2024, operates in 170 countries across seven divisions including road equipment and civil works.

The deal is expected to close in the fourth quarter of 2025, pending regulatory approvals in the US. The transaction value was not disclosed. 

Fayat Group completes acquisition of Mecalac
Fayat Group completes acquisition of Mecalac Fayat Group says that Mecalac will retain its autonomy and purchase is “a fantastic opportunity”

Fayat Group Mecalac LeeBoy machines road equipment civil works acquisition asphalt pavers compact motor graders US North Carolina, US
STAY CONNECTED

Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

Longer reads
New analysis: US steel tariffs push construction equipment prices up across the board
New analysis from Off-Highway Research estimates how steel tariffs will increase equipment costs for US buyers
The good, the bad and the undeniable truth about… project management software
To really get on board with the digital transformation of construction, you have to know what it means – and what it might look like
Skanska calls for EU procurement reform to drive climate action
A new report from Sweden-based contractor Skanska highlights the need for procurement reform
CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
Peter Collinson International Sales Manager Tel: +44 (0) 1892 786220 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA