Fayat has agreed to buy the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers. These products are sold under the Dynapac trade name.
Fayat believes the acquisition of Dynapac will further strengthen its strategic position in road construction and maintenance equipment. Fayat already has a strong standing in this market through its range of brands comprising Bomag, Marini, Marini-Ermont and SAE, as well as Secmair and Breining.
The agreement includes sales and service operations in 37 countries and production units in five countries: Sweden, Germany, Brazil, India and China. The acquisition is subject to regulatory approvals and 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,” says Jean-Claude Fayat, president of the Fayat Group. “We will continue to leverage the strengths of our existing organisations and Dynapac. 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.”