Alamo Group Inc. filed a Form 8-K with the SEC on October 27, 2026, disclosing the completion of its acquisition of Econ Engineering Group Limited through a Share Purchase Agreement signed and closed on the same date.

Key Highlights

  • Total consideration: Approximately £120,000,000, or approximately $158,700,000, subject to certain post-closing adjustments, according to the filing.
  • Acquired entity: Alamo Group acquired 100% of the equity interests in Econ Engineering Group Limited.
  • Acquiring subsidiary: The transaction was executed through Alamo Group Europe Limited, a wholly-owned subsidiary of the company.
  • Closing date: The acquisition closed on October 27, 2026, the same date the Purchase Agreement was entered into.
  • Operations: The company disclosed it intends to continue operating out of several owned and leased facilities in the United Kingdom where Econ currently operates.
  • Exchange and ticker: Alamo Group common stock trades on NYSE:ALG.

Alamo Group Closes Econ Engineering Acquisition on October 27, 2026

According to the Form 8-K filed under Items 1.01 and 2.01, Alamo Group Inc. (NYSE:ALG), headquartered at 1627 E. Walnut, Seguin, Texas 78155, entered into and simultaneously closed a Share Purchase Agreement to acquire all of the equity interests in Econ Engineering Group Limited. The agreement was executed through Alamo Group Europe Limited, described in the filing as a wholly-owned subsidiary of the company. The sellers named in the exhibit list are Jonathan Richard Lupton, Karen Lupton, Rachel Lupton, and Thomas Lupton as trustees of the Discretionary Will Fund of the Andrew Lupton Will Trust.

The filing states that total consideration for the purchase is approximately £120,000,000, or approximately $158,700,000, subject to certain post-closing adjustments. No further breakdown of the purchase price components or adjustment mechanisms is provided in the 8-K body itself. The company disclosed that it intends to continue Econ's operations from several owned and leased facilities located in the United Kingdom.

The filing notes that the description of the Purchase Agreement is qualified in its entirety by reference to the agreement itself, which was filed as Exhibit 10.1. A press release announcing the acquisition was furnished as Exhibit 99.1 under Item 7.01 Regulation FD Disclosure. The Form 8-K was signed by Andrew Sefzik, Vice President, General Counsel and Corporate Secretary.

What Was Disclosed

Alamo Group disclosed the October 27, 2026 signing and closing of a Share Purchase Agreement to acquire 100% of Econ Engineering Group Limited for approximately £120,000,000 (approximately $158,700,000), subject to post-closing adjustments, through its wholly-owned subsidiary Alamo Group Europe Limited.