MCF acted as exclusive financial advisor to Alamo Group on its acquisition of Econ Engineering Group
Alamo Group Inc. (“Alamo”), a listed American manufacturer of high-quality industrial and vegetation management equipment, has acquired Econ Engineering Group Limited (“Econ”), a leading UK manufacturer and rental provider of roadway maintenance trucks and equipment.
Founded in 1969 and headquartered in Ripon, North Yorkshire, Econ manufactures equipment used in year-round road maintenance, including gritters, de-icing vehicles, road patching and repair equipment, and multi-purpose truck bodies. Econ also operates a rental fleet of approximately 1,300 of its own vocational trucks and