Komatsu announced that it will acquire the road machinery business owned by US-based Astec Industries for approximately ¥12 billion. The acquisition is expected to be completed by 1 January 2027 and will cover Roadtec and Carlson Paving Products.
Komatsu has announced that it will acquire the road machinery business owned by Astec Industries, a US company engaged in the plant business. The acquisition price is said to be $75 million, equivalent to approximately ¥12 billion, and completion is scheduled for 1 January 2027.
The acquisition covers Roadtec and Carlson Paving Products, with the transaction to be carried out through Komatsu's US subsidiary. Komatsu plans to offer the road machinery lineup to customers in combination with its construction equipment.
Road machinery includes equipment used to pave asphalt and equipment used to mill paved surfaces. Komatsu is expected to target demand in the US market by combining these products with its existing product lineup.