Industry News

Husqvarna to Acquire Atlas Copco Concrete And Compaction Business

Husqvarna will acquire Atlas Copco’s light compaction and concrete equipment business, including plate compactors, tandem rollers, and concrete vibrators

“Atlas Copco’s light compaction & concrete equipment business fits well into Husqvarna Construction’s strategy for expanding deeper into the market segment of concrete surfaces” said Kai Wärn, president and CEO of Husqvarna Group.

The products include complete ranges for concrete and compaction, such as plate compactors, tandem rollers and concrete vibrators.
“This step will further reinforce our leadership position in this segment and complement the recent acquisitions. Strategically, the build-up of this area also supports our overall ambition of growing the Construction Division’s share in the Husqvarna Group.”

“Atlas Copco’s light compaction and concrete product lines are logical expansions of our current product range within concrete surfaces & floors. It will allow us to support our customers’ business through the entire concrete floor creation process,” said Henric Andersson, president of Husqvarna Construction.

Atlas Copco light compaction & concrete equipment is a part of Atlas Copco Power Technique with annual sales of approximately $68.3 million in 2016. The acquisition includes product lines, operations and R&D in Bulgaria, and specific sales and service resources that will reinforce Husqvarna Construction’s existing organization. The roughly 200 employees are predominantly located in Bulgaria but also in all key markets.

Andrew Walker, president of Power Technique said, “Our commitment to the construction industry remains as strong as ever; moving forward we will have a more streamlined product portfolio through which we can more deeply focus our resources to add further innovation and productivity for customers. We believe that Husqvarna Construction will be a good home that can develop the concrete and compaction business further.”

“This presents us with a good growth opportunity since light construction equipment really is Husqvarna Construction’s core competence,” said Andersson.

Further details will be announced closer to the finalization, which is expected during the first quarter of 2018. The acquisition is subject to approval from competition authorities business from Atlas Copco.

Previous post

Topcon and Bentley Systems announce kick-off of Constructioneering Academy

Next post

Concrete Fastening Systems Introduces the Confast Single Expansion Anchor

Concrete Homes

Concrete Homes