SEGUIN, Texas, Oct. 10, 2023 /PRNewswire/ — Alamo Group Inc. (NYSE:ALG) announced that it has acquired 100% of the outstanding equity capital of Royal Truck & Equipment, Inc. (“Royal Truck”), a leading manufacturer of truck mounted highway attenuator trucks and other specialty trucks and equipment for the highway infrastructure and traffic control market. Royal Truck’s annual revenue was approximately $40 million in 2022 and the company had trailing twelve-month revenue of approximately $44 million as of the end of August, 2023.
Founded by Mr. Rob Roy in 1986, Royal Truck prides itself on developing innovative products designed to improve road work zone safety. The company is based in Shoemakersville, Pennsylvania and has approximately 50 employees. Royal Truck’s products include truck mounted highway crash attenuator trucks, cone safety and traffic control trucks, and a broad range of other equipment focused on highway safety. Mr. Roy currently serves as the President of Royal Truck and he will continue in this role for an agreed transition period following the closing. The company will …
