Alamo Group Inc. Expands Portfolio with Ring-O-Matic Acquisition

Alamo Group Inc. (NYSE: ALG) has officially completed the acquisition of Ring-O-Matic, Inc., further solidifying its position in the industrial equipment sector. This strategic purchase, finalized on June 30, 2025, was entirely financed through existing cash reserves and aligns seamlessly with Alamo's objective of growing its market share by incorporating successful companies into its fold.

Based in Pella, Iowa, Ring-O-Matic was established in 1960 and has built a stellar reputation for manufacturing high-quality trailer-mounted and custom truck-mounted vacuum excavation equipment. Among its notable products are units designed for essential tasks such as hydro excavation, safe digging around utility infrastructures, trenching, sewer jetting, and storm drain cleaning. With an impressive annual revenue of approximately $25 million in 2024, the company symbolizes quality and reliability in its field.

Jeff Leonard, President and CEO of Alamo Group, expressed his enthusiasm regarding the acquisition: "We are delighted to welcome Ring-O-Matic into our family of companies. This acquisition aligns perfectly with our strategy to enhance our product offering through the acquisition of successful businesses. We anticipate that Ring-O-Matic’s state-of-the-art vacuum and excavation equipment will integrate well with our existing lineup, leading to significant cost and revenue synergies."

The acquisition marks a crucial step for Alamo Group as it works to expand its diverse product portfolio. The integration of Ring-O-Matic's advanced offerings is expected to enrich the company's capabilities in providing cost-effective solutions and services to its customers. Leonard emphasized that the elements of Ring-O-Matic’s product line would bolster their existing equipment range, thereby enhancing overall operational effectiveness.

Brian Metcalf, the CEO and owner of Ring-O-Matic, shared his optimism about the future under Alamo's stewardship. After leading Ring-O-Matic since 2017, Metcalf acknowledged the contributions of his dedicated team in driving growth and maintaining high standards. "We expect Ring-O-Matic to thrive in its developmental journey while continuing to produce innovative products and achieving even more success under Alamo Group’s ownership," Metcalf remarked.

Alamo Group, founded in 1969, is renowned for its design, manufacture, distribution, and service of high-quality equipment essential for vegetation management, infrastructure maintenance, and various other applications. With a workforce of around 3,750 employees, the company operates 27 production facilities across North America, Europe, Australia, and Brazil. Alamo's comprehensive product offerings encompass equipment such as truck and tractor-mounted mowers, street sweepers, snow removal machinery, industrial excavators, and other critical equipment, along with aftermarket parts and services.

In the context of today’s rapidly evolving market landscape, Alamo Group's acquisition of Ring-O-Matic signifies a proactive strategy to adapt and enhance its offerings. Forward-looking statements indicate that this acquisition might face typical challenges, including economic volatility and competitive pressures, but the company remains committed to navigating these hurdles effectively.

This acquisition is a testament to Alamo Group's long-term vision and ambition to be a leader in the machinery and equipment manufacturing sector, ensuring it remains competitive as it prepares for future demand shifts and market opportunities. As this integration unfolds, both companies look forward to a promising tomorrow, characterized by innovative advancements and enhanced customer satisfaction.