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 transaction would add pavers, milling machines, material transfer vehicles and stabilizers to Komatsu's equipment lineup. Komatsu said the acquisition 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.
The deal is expected to close on January 1, 2027, subject to customary closing conditions.
Leadership views
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 ways to expand in the market for many years. He described North America as a key market and said the acquisition reflects continued investment in the region and efforts to strengthen Komatsu's construction equipment business. By combining Roadtec's and Carlson's specialized expertise and technologies with Komatsu's manufacturing, engineering and global capabilities, Imayoshi said, the companies aim to create greater value for customers and build a foundation for long-term growth in North America and other markets over time.