ROMCO Equipment and SMT Expand Their Business Empire in Texas with Bee Equipment Acquisition

ROMCO Equipment and SMT's Strategic Acquisition of Bee Equipment Sales

In a bold and strategic move, ROMCO Equipment Co. and its parent company, SMT, have announced their acquisition of Bee Equipment Sales, a well-known name in the construction and paving equipment industry. This acquisition represents a significant step towards strengthening their leadership position in Texas, notably in the city of Lubbock, which has a robust demand for high-quality construction equipment.

Strengthening the Texas Equipment Market

Founded in 1981, Bee Equipment Sales has long been a stalwart in the construction and paving equipment sector, known for its dedication to providing high-quality new and used machinery. The company has built a solid reputation on a foundation of reliability and excellence, serving clients throughout West Texas and Southeastern New Mexico. With this acquisition, ROMCO and SMT aim to expand their offerings and cater to the increasing needs of their growing customer base.

Steve Passmore, President of ROMCO, expresses excitement about this new venture, stating, "This acquisition marks a significant milestone in ROMCO's ongoing commitment to becoming the leader in equipment solutions across Texas." He emphasizes that the integration of Bee Equipment Sales will combine their strengths and enhance customer value. The company plans to deliver an even broader range of premium equipment brands and solutions, ensuring that clients can continue to rely on exceptional service and support.

Community and Economic Impact in Lubbock

The acquisition of Bee Equipment Sales is not just a business decision; it is also a commitment to the community. Lubbock has seen Bee Equipment evolve into a cornerstone of its local economy, contributing meaningfully to job creation and economic development. ROMCO and SMT aim to harness this legacy and continue supporting the local community, further fueling its growth and resilience.

The move is expected to create new job opportunities and elevate the quality of service provided to customers. The existing customers of both ROMCO and Bee Equipment will benefit from enhanced access to various equipment brands, expanded customer support, and a wider range of solutions. This synergy creates a more robust operation capable of meeting diverse customer needs in the construction sector.

A Legacy of Service and Commitment

The reputation of Bee Equipment Sales for high-quality service and equipment is a major asset that ROMCO and SMT look forward to building upon. The former owner, Everett Monroe, expressed his confidence in the acquisition, stating, "I am confident this new ownership will take Bee to the next level and will bring fresh opportunities and continued satisfaction.” Monroe also extended his gratitude to the dedicated employees and loyal customers who have been pivotal in Bee Equipment's success over the years.

ROMCO has been serving the Texas and New Mexico equipment markets since 1961, with 16 locations designed to provide outstanding product support and service. By welcoming Bee Equipment into their family, they aim to enhance their commitment to delivering exceptional service.

About ROMCO and SMT

ROMCO Equipment Co. has established itself as a major player in the equipment sector with a storied history and a commitment to quality and service. Meanwhile, SMT, headquartered in Brussels, has made significant strides in the equipment distribution and after-sales market, operating across multiple countries. Since entering the U.S. market with the acquisition of ROMCO in 2022 and following up with further acquisitions, the company solidifies its presence by enhancing its dealer network and service capabilities.

In conclusion, the acquisition of Bee Equipment Sales by ROMCO Equipment Co. and SMT is a promising development in the Texas construction equipment landscape, poised to create lasting positive impacts in the community and elevate service standards across the region.