Fayat To Acquire Atlas Copco Road Construction Division

French manufacturer Fayat announced it has agreed to buy the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers. No financial details were provided. Atlas Copco’s road construction equipment products are sold under the Dynapac trade name. Fayat said the acquisition would strengthen its strategic position in road construction and maintenance equipment markets. Fayat has expertise in the roadbuilding markets through its ​ Bomag, Marini, Marini-Ermont, SAE, Secmair and Breining operations. Fayat Group revenues were US$3.7 billion in 2016. The agreement includes sales and service operations in 37 countries and production units in Sweden, Germany, Brazil, India and China. The business has 1265 employees and revenues of approximately US$328 million in 2016. The acquisition is subject to regulatory approvals and is expected to be completed during the second quarter. “We are very happy and proud to integrate Dynapac, a highly recognized brand, into our group,” said Jean-Claude Fayat, president of the Fayat Group. “We will continue to leverage the strengths of our existing organizations and Dynapac, in parallel. All customers will continue to be supported with their products. Dynapac has an excellent strategic place in our Group and we plan on growing and expanding its presence and product offering. We will leverage its expertise and technologies together with our existing portfolio to continuously develop equipment that closely addresses our customers’ needs.”