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 division covers road paving and maintenance equipment, and the proposed transaction would add pavers, milling machines, material transfer vehicles and stabilizers to Komatsu's equipment lineup.
Komatsu says the proposed acquisition fits its strategy of investing in businesses that complement its core operations and help it address a broader range of industry needs. The company positions the deal as a way to strengthen its offering for road construction, where equipment is used to build and maintain infrastructure in North America and other markets.
Leadership comments
Rod Bull, CEO of Komatsu North America, said road construction plays an important role in building and maintaining infrastructure that supports communities and economies. 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 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 in 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 customer value and a foundation for long-term growth in North America and other markets over time.
Timing and conditions
The transaction is expected to close on January 1, 2027, subject to customary closing conditions. Komatsu's announcement describes the acquisition as proposed; it has not yet been completed.