newsfilter
← Latest News
GlobeNewswire·

Aebi Schmidt Group enters into agreement to acquire OJ Watson, expanding the Group’s geographic reach and strengthening its municipal business in North America

  • Aebi Schmidt Group announced an agreement to acquire 100% of O.J. Watson Equipment, a family-owned municipal & commercial upfitter based in Denver, Colorado.
  • The acquisition establishes Aebi Schmidt's first direct presence in the Rocky Mountain region & strengthens its municipal business in North America.
  • O.J. Watson has over 100 years of history, operates facilities in Denver & Greeley, and generated approximately USD 28 million in revenue during its last fiscal year.
  • O.J. Watson will integrate into Aebi Schmidt's Municipal business, providing customers in Colorado access to snow & ice control, sweeping, & road maintenance solutions.
  • Mark Eckrich & his father Dick Eckrich will continue to lead O.J. Watson as Managing Director post-acquisition.
  • The transaction is expected to close before the end of 2026, subject to customary closing conditions.
  • The acquisition is projected to be accretive to earnings per share in the first year following closing.