Husqvarna Group’s Construction Division has signed an agreement to acquire the Light Compaction & Concrete Equipment business from Atlas Copco, to strengthen its position in the concrete surfaces and floors market.

Kai Wärn, President and CEO of Husqvarna Group, said, “Atlas Copco’s Light Compaction & Concrete Equipment business fits well into Husqvarna Construction’s strategy for expanding deeper into the market segment of concrete surfaces and floors.” He added that the move complements other recent acquisitions and supports Husqvarna’s ambition of growing the Construction Division’s presence in the Group.”

The company says that the availability of these additional products will support customers throughout the entire concrete floor creation process. Further details will be announced closer to the finalisation, which is expected in the first quarter of 2018. The acquisition is subject to approval from competition authorities.