FAYAT Group Signs Definitive Agreement to Acquire LeeBoy

BORDEAUX, France (July 17, 2025) — In June, the FAYAT Group, a global construction equipment manufacturer, signed a definitive agreement to acquire LeeBoy, a well-established brand in the roadbuilding equipment sector. This acquisition represents a key strategic move for FAYAT Group as part of its ongoing commitment to expand in the U.S. and Canada.

The transaction is subject to customary regulatory approvals, including HSR clearance, with closing anticipated by the fourth quarter of 2025. Until the transaction closes, both FAYAT Group and LeeBoy will continue to operate separately and independently.

Strengthening Market Position & Customer Offerings

LeeBoy’s broad portfolio of roadbuilding equipment, including asphalt pavers and distributors, compact motor graders and road maintenance equipment, makes it a highly complementary addition to FAYAT Group’s global network. The acquisition will offer customers an even broader range of solutions, combining the strengths of FAYAT Group companies. FAYAT Group sees significant opportunities to collaborate in areas such as research and development, manufacturing, purchasing, and sales — fostering enhanced capabilities and innovative solutions in the long run.

Commitment to LeeBoy’s Team & Brand

As part of the acquisition, FAYAT Group intends to keep the company operating autonomously, under the continued leadership of its current management team. The LeeBoy brand will be preserved, as it has earned customer trust over many years, and FAYAT Group plans to maintain its identity. FAYAT Group’s goal is to invest in people and resources to support LeeBoy’s continued success.

What This Means for Customers

LeeBoy customers can expect continuity in terms of products, service and support. After the transaction closes, customers stand to benefit from an expanded range of capabilities, enhanced support, and potential innovations that will arise from the combined strengths of the FAYAT Group’s Road Equipment Division companies.

Transaction Timing & Regulatory Approval

The acquisition is subject to customary regulatory approvals and is expected to conclude by Q4 2025.

Visit fayat.com and leeboy.com.