Komatsu has entered into an agreement to acquire Astec’s road construction equipment division, a move that would bring the Roadtec and Carlson brands into its portfolio.
The proposed acquisition would add pavers, milling machines, material transfer vehicles and stabilizers to Komatsu’s equipment lineup. Komatsu said the deal reflects a strategy of investing in businesses that complement its core operations and help it address a broader range of industry needs.
The transaction is expected to close on January 1, 2027, subject to customary closing conditions.
Brands and market focus
Roadtec and Carlson are known for road paving and maintenance equipment. According to Komatsu, bringing the two brands into the company would position it as a stronger provider of road construction solutions.
Rod Bull, CEO of Komatsu North America, said road construction is important for building and maintaining infrastructure in North America and worldwide. He said the proposed acquisition would strengthen Komatsu’s ability to serve that market by combining its capabilities with two established brands that have strong products, experienced people and long-standing customer relationships.
Long-term investment
Takuya Imayoshi, president and CEO of Komatsu Ltd., said the company has long recognized the strategic importance of road construction equipment and has considered ways to expand in the market for many years. He described North America as a key Komatsu market and said the acquisition reflects continued investment in the region and efforts to strengthen its construction equipment business.
Imayoshi said 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 support long-term growth in North America and other markets over time.