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