Astec Industries to Sell Roadtec and Carlson Brands to Komatsu for $75 Million
Astec Industries (ASTE) has announced a definitive agreement to sell its road construction equipment business to Komatsu America, a subsidiary of Komatsu. The transaction includes the prominent Roadtec and Carlson brands and is valued at an enterprise value of $75 million. The divestiture allows Astec to streamline its portfolio by offloading specific segments of its road construction division. For Komatsu, the acquisition strengthens its presence in the specialized road construction equipment market through the integration of established industry brands.
