FAYAT–LeeBoy Deal Moves Forward, Closing Expected by End of 2025

FAYAT Group has signed an agreement to acquire LeeBoy, strengthening its position in the North American roadbuilding market. The deal is expected to close by Q4 2025.

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The FAYAT Group’s acquisition of U.S.-based roadbuilding equipment manufacturer LeeBoy is progressing on schedule, with closing expected by the fourth quarter of 2025. The deal remains subject to customary regulatory approvals, including HSR clearance.

First announced in June, the agreement marks a significant move in FAYAT’s broader North American expansion strategy. LeeBoy is best known for its asphalt pavers, compact motor graders, and road maintenance tools, all designed to meet the needs of asphalt professionals in the U.S. market.

Once finalized, this acquisition will bring the number of asphalt paver brands under the FAYAT Group umbrella to three: BOMAG, Dynapac, and now LeeBoy. The move follows a string of recent industry acquisitions by FAYAT, including Asphalt Drum Mixers (ADM) and articulated equipment manufacturer Mecalac.

FAYAT has signaled its intention to keep LeeBoy operating as an independent brand under its current leadership. The goal is to maintain the company’s trusted product line while leveraging new opportunities for collaboration in manufacturing, R&D and support services.

While LeeBoy and FAYAT continue to operate separately in the short term, customers can expect continuity in products and service, with the potential for expanded capabilities once the transaction closes.

This acquisition is part of FAYAT’s ongoing effort to offer a comprehensive, innovation-driven equipment portfolio for the global roadbuilding industry — one increasingly shaped by both consolidation and specialized technology.

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