Komatsu has entered an agreement to acquire the road construction equipment division of Astec, a deal that would bring the Roadtec and Carlson brands of paving and road maintenance equipment into the Komatsu portfolio.
The proposed transaction would add pavers, milling machines, material transfer vehicles and stabilizers to Komatsu's equipment lineup, positioning the manufacturer as a broader provider of road construction solutions. Komatsu said the move reflects its strategy of investing in businesses that complement its core operations and help address a wider range of industry needs.
The acquisition is expected to close on January 1, 2027, subject to customary closing conditions. Financial terms were not included in the announcement.
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 elsewhere. He said the proposed deal would strengthen the company's ability to serve that market by pairing Komatsu's capabilities with two established 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 recognized the strategic importance of road construction equipment and has examined ways to expand in the market for many years. He described North America as one of Komatsu's key markets and said the acquisition reflects continued commitment to investing in the region and strengthening its construction equipment business. The aim, he said, is to combine Roadtec's and Carlson's specialized expertise and technologies with Komatsu's manufacturing, engineering and global capabilities to create greater value for customers and a foundation for long-term growth in North America and, over time, in other markets.