Komatsu to acquire Astec paving businesses
The agreement includes the Roadtec and Carlson road construction equipment brands
Komatsu has entered into an agreement to acquire the road construction equipment division of Astec, which would bring the Roadtec and Carlson brands of road paving and maintenance equipment into the Komatsu portfolio.
The acquisition would add pavers, milling machines, material transfer vehicles, and stabilizers to Komatsu's equipment lineup, positioning the OEM as a strong provider of solutions for road construction. Komatsu says the proposed acquisition reflects its strategy of making investments that complement its core business and help address a broader range of industry needs.
The transaction is expected to close January 1, 2027, subject to customary closing conditions.
"Road construction plays an important role in building and maintaining the infrastructure that supports communities and economies in North America and around the world," said Rod Bull, CEO, Komatsu North America. "The proposed acquisition would strengthen our ability to serve this essential market by bringing together Komatsu's capabilities with two established brands known for strong products, experienced people, and longstanding customer relationships."
"Komatsu has long recognized the strategic importance of road construction equipment and has considered opportunities to expand in this market for many years," said Takuya Imayoshi, president and CEO of Komatsu Ltd. "North America is one of Komatsu's key markets, and this acquisition reflects our continued commitment to investing in the region and strengthening our construction equipment business. By combining Roadtec's and Carlson's specialized expertise and technologies with Komatsu's manufacturing, engineering, and global capabilities, we aim to create greater value for customers and build a strong foundation for long-term growth, both in North America and in other markets over time."
