Mergers & AcquisitionsMedium•12 November 2026•
1 min read
Astec Industries to Sell Road Construction Business to Komatsu for $75 Million
Key Facts
1Astec Industries signed a definitive agreement to sell its road construction equipment business to Komatsu.
2The transaction has an enterprise value of $75 million, subject to customary closing adjustments.
Astec Industries signed a definitive agreement to sell its road construction equipment business to Komatsu. GlobeNewswire reported that the transaction has an enterprise value of $75 million, subject to customary closing adjustments. The divestiture includes the Roadtec and Carlson brands as part of Astec's strategy to streamline its portfolio.
Astec Industries, trading under the ticker ASTE, closed at $37.48 on November 11, 2026. On the same date, Komatsu (KMTUY) closed at $39.27. The deal follows reports that the Roadtec business generates approximately $145 million in annualized revenue, representing a significant shift in Astec's Infrastructure Solutions segment.