Business · Companies · 10 hrs ago
Aebi Schmidt to acquire US vehicle equipment maker OJ Watson
Aebi Schmidt is acquiring OJ Watson Equipment, a US maker of equipment for municipal and commercial vehicles.
The family-owned company is based in Denver and serves road and public infrastructure maintenance.
The acquisition will expand Aebi Schmidt's North American presence and strengthen its municipal business.
OJ Watson had revenue of about $28 million in its last financial year.
OJ Watson will join Aebi Schmidt's Municipal unit, while its current owner, Marc Eckrich, will remain as managing director.
The deal is expected to close by the end of 2026.
Aebi Schmidt expects the acquisition to increase earnings per share in the first year after completion, but it has not disclosed the price.
Aebi Schmidt will acquire US vehicle equipment maker OJ Watson Equipment to expand its North American presence and strengthen its municipal business.
OJ Watson, based in Denver, equips municipal and commercial vehicles used to maintain roads and public infrastructure.
The company reported revenue of about $28 million in its last financial year.
OJ Watson will join Aebi Schmidt’s Municipal business unit, and its current owner, Marc Eckrich, will remain as managing director.
The transaction is expected to close by the end of 2026; Aebi Schmidt did not disclose the purchase price.
- Who
- Aebi Schmidt and OJ Watson Equipment. OJ Watson’s current owner, Marc Eckrich, will remain as managing director.
- What
- Aebi Schmidt plans to acquire OJ Watson and add it to its Municipal business unit.
- When
- The deal was announced on Monday evening. Closing is expected by the end of 2026.
- Where
- OJ Watson is based in Denver, United States.
- Why
- Aebi Schmidt aims to expand its North American presence and strengthen its municipal business.
This story does not have two clearly opposing sides.
Aebi Schmidt announced the planned acquisition on Monday evening.
The transaction is expected to close.
- Buyer
- Aebi Schmidt
- Target
- OJ Watson Equipment
- OJ Watson location
- Denver, United States
- Last financial-year revenue
- About $28 million
- Expected closing
- By the end of 2026
- Purchase price
- Not disclosed