Komatsu has agreed to acquire the road construction equipment division of Astec, a move that would add the Roadtec and Carlson brands to its portfolio. The proposed transaction covers road paving and maintenance equipment and would expand Komatsu's lineup with pavers, milling machines, material transfer vehicles and stabilizers.
Komatsu said the acquisition aligns with its strategy of investing in businesses that complement its core operations and help it address a broader range of industry needs. The company positioned the deal as a way to become a stronger provider of road construction solutions, combining its own manufacturing, engineering and global reach with two established brands.
The transaction is expected to close on Jan. 1, 2027, subject to customary closing conditions. It has not yet been completed.
Rod Bull, CEO of Komatsu North America, said road construction is important for building and maintaining infrastructure in North America and elsewhere. He said the proposed acquisition would strengthen Komatsu's ability to serve that market by combining its capabilities with brands known for their products, experienced people and long-standing customer relationships.
Takuya Imayoshi, president and CEO of Komatsu Ltd., said the company has long viewed road construction equipment as strategically important and has considered ways to expand in the market. He said North America is a key market for Komatsu and that the deal reflects continued investment in the region. By combining Roadtec's and Carlson's specialized expertise and technologies with Komatsu's capabilities, Komatsu aims to create greater customer value and a foundation for long-term growth in North America and other markets over time.