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 proposed transaction covers road paving and maintenance equipment and would add pavers, milling machines, material transfer vehicles and stabilizers to Komatsu's lineup.
Komatsu said the acquisition reflects a 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 step toward becoming a stronger provider of road construction solutions.
The transaction is expected to close on January 1, 2027, subject to customary closing conditions. The agreement is proposed rather than completed, and the brands would join Komatsu only if those conditions are satisfied.
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 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 ways to expand in the market for many years. He described North America as a key Komatsu market and said the acquisition reflects continued investment in the region and a commitment to 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 support long-term growth in North America and other markets over time.