Heavy-Equipment Portfolios Shift Through Acquisitions and Restructuring

Komatsu plans to acquire Astec’s road-construction division, including Roadtec and Carlson, with a stated January 1, 2027 close subject to customary conditions; returns and integration outcomes remain unproven. The deal and CNH’s planned sale of 70% of its construction-equipment business to Kobelco fit a broader pattern of portfolio expansion, shared development and badge engineering, but recent coverage adds little evidence on results. Schaeffler’s European restructuring adds to the wider reshaping of heavy-industry footprints.