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 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 Jan. 1, 2027, subject to customary closing conditions. Komatsu described the transaction as proposed and not yet completed.
Rod Bull, CEO of Komatsu North America, said road construction is important for building and maintaining infrastructure that supports communities and economies in North America and worldwide. 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 longstanding 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 said North America is a key market and that the acquisition reflects continued commitment to investing in the region and strengthening 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.
Roadtec and Carlson are established brands in road paving and maintenance equipment. The agreement would transfer Astec's road construction equipment division to Komatsu if the conditions are satisfied.