FAYAT Group to acquire Dynapac
Fayat has agreed to buy the Dynapac Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt & soil applications, and also paving and milling machines.
Fayat has great expertise in this market through their group companies: Bomag, Marini, Marini-Ermont, SAE, Secmair and Breining, and plans to strengthen its strategic position in road construction and maintenance equipment through the acquisition of Dynapac.
“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.”
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 2017.