According to a statement released earlier this month, the Swedish business’s Board of Directors made the decision as the division does not have the economies of scale to become number one or two in this market segment.
The Road Construction Equipment division, part of the Construction Technique business area, manufactures rollers for asphalt and soil applications, planers and pavers. The products are known under the Dynapac trade name.
As a result of the divestment, the company now aims to find a better owner for the business.
The business includes sales and service operations in 37 countries and production units in Sweden, Germany, Brazil, India and China.