Komatsu has entered into an agreement to acquire the road construction equipment division of Astec. The proposed transaction would bring the Roadtec and Carlson brands, which supply 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. Komatsu says the proposed deal would position the company as a strong provider of road construction solutions. It also says the transaction 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 on January 1, 2027, subject to customary closing conditions. The agreement remains proposed and has not yet been completed.
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 this essential market by combining its capabilities with two established brands known for strong products, experienced people and long-standing customer relationships.
Takuya Imayoshi, president and CEO of Komatsu Ltd., said Komatsu has long recognized the strategic importance of road construction equipment and has considered opportunities to expand in this market for many years. He said North America is one of Komatsu's key markets and that the proposed acquisition reflects continued commitment to investing in the region and strengthening its construction equipment business. According to Imayoshi, combining Roadtec's and Carlson's specialized expertise and technologies with Komatsu's manufacturing, engineering and global capabilities is intended to create greater value for customers and build a foundation for long-term growth in North America and other markets over time.