Fayat Group has agreed to buy Dynapac, the road construction equipment division of Atlas Copco. Dynapac manufactures soil and asphalt rollers, pavers and planers.
According to the agreement, the acquisition includes Dynapac’s sales and service operations in 37 countries and production units in Sweden, Germany, Brazil, India and China. The acquisition is subject to regulatory approvals. According to Fayat, the deal is expected to be completed during the second quarter of 2017.
“We are very happy and proud to integrate Dynapac, a highly recognised brand, into our Group,” said Jean-Claude Fayat, President, Fayat Group. “We will continue to leverage the strengths of our existing organisations 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.”