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  6. SMT Acquires ROMCO

M&A Deal Summary

SMT Acquires ROMCO

On March 11, 2022, SMT acquired machinery company ROMCO

Acquisition Highlights
  • This is SMT’s 1st transaction in the Machinery sector.
  • This is SMT’s 1st transaction in the United States.
  • This is SMT’s 1st transaction in Texas.

M&A Deal Summary
Date 2022-03-11
Target ROMCO
Sector Machinery
Buyer(s) SMT
Deal Type Add-on Acquisition

Target

ROMCO

Carrollton, Texas, United States
ROMCO serves the earthmoving, ground engaging, and material handling markets by providing a full line of construction and mining equipment. ROMCO represents Volvo Construction Equipment, Hitachi Construction, and Mining Equipment, SDLG Wheel Loaders, K-Tec Scraper Solutions, Genesis Attachments, and FRD/Kent Hydraulic Hammers. ROMCO was founded in 1961 and is based in Carrollton, Texas.

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Buyer(S) 1

Buyer

SMT

Brussels, Belgium
Category Company
Sector Distribution
DESCRIPTION

SMT is a distributor and after-sales partner for the equipment and transport industry. SMT is a distributor for Volvo Construction & Equipment, Volvo Penta, Volvo Trucks, and Volvo Bus. SMT is based in Brussels, Belgium.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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