Husqvarna Group's Construction Division has signed an agreement to acquire Blastrac,a leading provider of surface preparation technologies for the global construction and remediation industry.
The Blastrac product portfolio includes high-quality and efficient solutions for shot blasting, scarifying, scraping, grinding & polishing and dust collection. Blastrac has 380 employees globally with manufacturing and sales offices in North America, Europe and Asia with sales in more than 80 countries.
The parties aim at closing the acquisition by the end of 2020. The acquisition is subject to approval by relevant competition authorities.
"The acquisition of Blastrac strengthens and complements our organic growth ambitions, as we are further expanding into complementary surface preparation solutions. This will enable us to provide customers with a complete range of solutions for any given surface preparation task," said Henric Andersson, President & CEO, Husqvarna Group.
