Komatsu has entered 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, including pavers, milling machines, material transfer vehicles and stabilizers.
The proposed acquisition would expand Komatsu's equipment lineup and position the manufacturer as a broader provider of road construction solutions. Komatsu said the investment complements its core business and helps it address a wider 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 is important for building and maintaining infrastructure in North America and worldwide. He said the proposed deal would strengthen Komatsu's ability to serve that market by combining its capabilities with two established brands known for 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 expansion opportunities 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 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 customer value and support long-term growth in North America and other markets over time.