Komatsu has entered into an agreement to acquire the road construction equipment division of Astec. The acquisition would add the Roadtec and Carlson brands of pavers, milling machines, material transfer vehicles, and stabilizers to Komatsu’s equipment offerings.

“Komatsu has long recognized the strategic importance of road construction equipment and has considered opportunities to expand in this market for many years,” said Takuya Imayoshi, President and CEO of Komatsu Ltd.

The transaction is expected to close January 1, 2027, subject to customary closing conditions.

Komatsu said the acquisition is intended to build on what has made Roadtec and Carlson successful while adding Komatsu’s manufacturing expertise in areas where it can create additional value.

“By combining Roadtec’s and Carlson’s specialized expertise and technologies with Komatsu’s manufacturing, engineering, and global capabilities, we aim to create greater value for customers and build a strong foundation for long-term growth, both in North America and in other markets over time,” Imayoshi said.