Astec Industries agrees to sell Roadtec business to Komatsu for $75 million
ASTE•Astec Industries agreed to sell its Roadtec and Carlson road construction equipment business to Komatsu for a $75 million enterprise value. The sale is expected to close in the first quarter of 2027 and is expected to eliminate operating losses and improve adjusted EBITDA margin by about 200 basis points.
1. Sale terms and impact
Astec Industries agreed to sell its Roadtec and Carlson road construction equipment business to Komatsu for a $75 million enterprise value. The business generates approximately $145 million in annualized revenue. Astec expects the sale to eliminate operating losses, increase annualized EPS and improve adjusted EBITDA margin by approximately 200 basis points.
2. Proceeds and timing
Expected cash proceeds and tax benefits total approximately $65 million, supporting balance-sheet strength, core business investments and strategic acquisitions. The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions and price adjustments.
