Komatsu has entered into an agreement to acquire the road construction equipment division of Astec, a move that would bring the Roadtec and Carlson brands into its portfolio.
The proposed transaction would add pavers, milling machines, material transfer vehicles and stabilizers to Komatsu's equipment lineup. Komatsu says the deal would position it as a stronger provider of road construction solutions and reflects a strategy of investing in businesses that complement its core operations and address a broader range of industry needs.
Brands and capabilities
Roadtec and Carlson are known for road paving and maintenance equipment. According to Komatsu, combining their specialized expertise and technologies with its manufacturing, engineering and global capabilities is intended to create greater value for customers and a foundation for long-term growth in North America and other markets over time.
Leadership view
Rod Bull, CEO of Komatsu North America, said road construction plays an important role in building and maintaining infrastructure that supports communities and economies in North America and around the world. He said the proposed acquisition would strengthen Komatsu's ability to serve that market by combining its capabilities with two established brands known for strong products, experienced people and longstanding customer relationships.
Takuya Imayoshi, president and CEO of Komatsu Ltd., said the company has long recognized the strategic importance of road construction equipment and has considered opportunities to expand in the market for many years. He described North America as a key market and said the acquisition reflects continued commitment to investing in the region and strengthening the construction equipment business.
Timing
The transaction is expected to close on January 1, 2027, subject to customary closing conditions.