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Fayat has agreed to purchase the road construction equipment division, known under the Dynapac brand, of Atlas Copco, just one week after the latter announced it was divesting the group that makes rollers, pavers and planers.
The sale is expected to be completed by the second quarter of this year.
“We are very happy and proud to integrate Dynapac, a highly recognized brand, into our Group” says 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 purchase includes sales and service operations in 37 countries, as well as production units in Brazil, China, Germany, India and Sweden. The division has 1,265 employees.
The Dynapac brand joins Fayat’s Bomag, Marini, Marini-Ermont and SAE, Secmair and Breining companies.