Fayat to acquire US-based road equipment maker LeeBoy

Mitchell Keller Managing Editor, American Cranes & Transport

25 June 2025

French construction and industrial conglomerate Fayat Group has signed an agreement to acquire LeeBoy, a US manufacturer of road construction equipment, from Singapore-based ST Engineering.

Fayat logo

Headquartered in North Carolina, US, LeeBoy produces a range of machines including asphalt pavers, compact motor graders and road maintenance tools.

Fayat, which generated €5.7 billion (US$6.6 billion) in turnover in 2024, operates in 170 countries across seven divisions including road equipment and civil works.

The deal is expected to…

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