ROMCO Equipment Co. and its parent company, SMT, headquartered in Brussels, Belgium, have acquired Bee Equipment Sales of Lubbock, Texas.
Established in 1961 and with 16 locations, ROMCO Equipment Co. provides products for the Texas and New Mexico earthmoving/ground engaging, materials handling, demolition, scrap and recycling markets. SMT, a distributor and after-sales partner in the equipment and transport industry across 31 countries, entered the U.S. market in 2022 with its acquisition of ROMCO Equipment Co.
Bee Equipment Sales, founded in 1981, offers sales, service and rental of construction and paving equipment throughout west Texas and southeastern New Mexico.
“This acquisition marks a significant milestone in ROMCO’s ongoing commitment to becoming the leader in equipment solutions across Texas. By welcoming Bee Equipment Sales into our family, we’re combining strengths to provide even more value to our customers. Together, we will continue to prioritize our commitment to excellence and customer satisfaction,” said Steve Passmore, president of ROMCO.
“I am confident this new ownership will take Bee to the next level and will bring fresh opportunities and continued satisfaction. I want to take this moment to sincerely thank our dedicated employees for their hard work and commitment, our loyal customers who have trusted us with their business throughout the years, and our OEM partners with strong collaboration and support,” said Everett Monroe, former owner, Bee Equipment Sales.