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

FRAUENFELD, Switzerland, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Aebi Schmidt Holding AG (NASDAQ: AEBI) (“Aebi Schmidt Group” or the “Group”), a world-class specialty vehicles leader, today announced an agreement to acquire 100% of the shares of O.J. Watson Equipment (“OJ Watson”), a family-owned municipal and commercial upfitter based in Denver, Colorado. The pending acquisition will give Aebi Schmidt Group a direct presence in the Rocky Mountain region for the first time and strengthen its municipal business in North America.