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, and the deal would add pavers, milling machines, material transfer vehicles, and stabilizers to Komatsu's product range.
Komatsu says the proposed acquisition fits a strategy of investing in businesses that complement its core operations and help it address a wider set of industry needs. The company positions the combination as a way to offer a broader set of solutions for road construction, where equipment is used to build and maintain infrastructure.
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 plays an important role in building and maintaining infrastructure that supports communities and economies in North America and around the world. He said the proposed acquisition would strengthen Komatsu's ability to serve that essential market by combining its capabilities with two established brands known for strong products, experienced people, and long-standing customer relationships.
Takuya Imayoshi, president and CEO of Komatsu Ltd., said the company has long recognized road construction equipment as strategically important and has considered ways to expand in that market for many years. He described North America as one of Komatsu's key markets and said the acquisition reflects continued investment in the region and in strengthening its construction equipment business. According to Imayoshi, the aim 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 other markets over time.