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 of road paving and maintenance equipment into its portfolio.
The proposed acquisition would add pavers, milling machines, material transfer vehicles and stabilizers to Komatsu's equipment lineup. Komatsu says the deal would position it as a strong 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.
The transaction is expected to close on January 1, 2027, subject to customary closing conditions.
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 long-standing 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 said North America is a key market and that the acquisition reflects continued investment in the region and a commitment to strengthening the construction equipment business.
Imayoshi added that 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 a foundation for long-term growth in North America and other markets over time.