M&A Deal Summary

Alamo Group Acquires Royal Truck

On October 10, 2023, Alamo Group acquired automotive company Royal Truck

Acquisition Highlights
  • This is Alamo Group’s 1st transaction in the Automotive sector.
  • This is Alamo Group’s 9th transaction in the United States.
  • This is Alamo Group’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-10-10
Target Royal Truck
Sector Automotive
Buyer(s) Alamo Group
Deal Type Add-on Acquisition

Target

Royal Truck

Shoemakersville, Pennsylvania, United States
Royal Truck is a manufacturer of truck-mounted highway attenuator trucks and other specialty trucks and equipment for the highway infrastructure and traffic control market. Royal Truck was founded in 1986 and is based in Shoemakersville, Pennsylvania.

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Buyer(S) 1

Buyer

Alamo Group

Seguin, Texas, United States
Category Company
Founded 1955
Sector Machinery
Employees4,350
Revenue 1.7B USD (2023)
DESCRIPTION
Entrance to Alamo Group's corporate headquarters in Seguin, Texas.
Entrance to Alamo Group's corporate headquarters in Seguin, Texas.

Alamo Group engages in the design, manufacture, distribution and service of equipment for right-of-way maintenance and agriculture needs. Alamo Group was incorporated in 1955 and is based in Sequin, Texas.

DEAL STATS #
Overall 15 of 15
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 12 of 12
State (Pennsylvania) 1 of 1
Country (United States) 9 of 9
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-26 Timberwolf

Suffolk, United Kingdom

Timberwolf manufactures a broad range of commercial wood chippers primarily serving markets in the U.K. and the European Union. Timberwolf was founded in 1986 and is based in Suffolk, United Kingdom.

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