Alamo Group Acquires Ring-O-Matic
The Alamo Group Inc. closed June by announcing its acquisition of Ring-O-Matic. Ring-O-Matic Inc., manufacturers industrial vacuum excavation equipment in Pella, Iowa.
Since its founding in 1960, the manufacturer, is known for manufacturing high-quality trailer-mounted and custom truck-mounted excavation and vacuum units. These machines perform essential tasks such as hydro excavation, trenching, sewer jetting and storm drain cleaning, among others. The company achieved annual revenue in 2024 of approximately $25 million.
“We are very pleased to have completed this acquisition and to welcome Ring-O-Matic as a member of the Alamo Group family of companies. This acquisition nicely ties to our strategy of developing market share through the acquisition of successful businesses that enhance our current product offering,” says Jeff Leonard, Alamo Group’s president and CEO, stated. “We believe Ring-O-Matic’s trailer mounted excavator and vacuum product portfolio will fit very nicely into our current product lineup and will allow us to achieve both cost and revenue synergies as we effectively integrate them into our organization.”
The acquisition adds strength to Alamo Group’s vacuum excavation capabilities, complementing existing brands such as Super Products and VacAll. With an increasing focus on utility safety, infrastructure investment, and environmental cleanup, the vacuum excavation market continues to present strong growth opportunities.
“Since purchasing Ring-O-Matic in 2017, my team of highly qualified and dedicated people helped me build upon the strong foundations of the company to accelerate growth and create ongoing success,” says Brian Metcalf, Ring-O-Matic CEO and owner. “I fully anticipate the company will continue on its current path producing high-quality and innovative products while achieving even greater success under Alamo Group ownership.”
SOURCE – Alamo Group
