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Construction, demolition and road building equipment company Atlas Copco Group has sold its global Road Construction Equipment Division to French-headquartered company Fayat Group. The sale includes the Dynapac brand name.

Atlas Copco sells Road Construction Equipment divisionFayat, a private company, is present in 120 countries and is represented by 152 companies around the world. Fayat is a dedicated original equipment manufacturer, with the Group holding eleven road construction equipment companies.

Atlas Copco’s Road Construction Equipment division manufactures Compaction Rollers for asphalt and soil application, as well as asphalt equipment Planers and Pavers. The products are known under the Dynapac trade name globally. The division became part of Atlas Copco‘s Construction Technique business area in 2007.

Dynapac will transfer to Fayat on 1 July 2017 and become a company within the Group. The company will operate under the Dynapac brand name. The Group has allocated regional business areas globally, with 37 countries offering sales and service operations. There will be five global production facilities in Brazil, Sweden, Germany, India and China. The global holdings company will be based in Sweden and the divisional management head office will be in Germany.

The Atlas Copco name will gradually be phased out over the course of the next few months, and the Dynapac brand will be prominently displayed on all products in 2018. South Africa’s Dynapac representation will form part of the Middle East Africa (MEA) region, with Dynapac South Africa to be registered following all due diligences. The MEA head office will be based in Dubai.

“This is an ownership change and not a change in business structure. Until closure, the Road Construction Equipment Division will remain part of Atlas Copco’s Construction Technique Business Area. So it is business as usual,” says Neville Marthinussen, Atlas Copco Construction Technique Business Line Manager, Dynapac Road Construction Equipment.

“As Dynapac South Africa we will continue to serve the market with our products and services. The current product portfolio remains unchanged and all scheduled product renewals will continue as planned.”

Following the acquisition, road construction equipment, which forms one of the Fayat Group’s seven core businesses – including public works, foundations, building, energy services, steel and mechanical construction and pressure vessels - will become the strongest division in the business, the company says.

Image credithttps://www.dynapac.com/products/compaction#

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