Husqvarna to buy shot blasting, surface prep equipment maker Blastrac
By On-Site StaffConstruction
Husqvarna Group is adding to its footprint in the surface preparation market with the purchase of Oklahoma-headquartered Blastrac.
A manufacturer of shot blasting, scarifying, scraping, grinding, polishing and dust collection equipment, Blastrac does business in 80 countries and has Canadian operations based out of Mississauga, Ont., Terrebonne, Que. and Edmonton.
“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,” Henric Andersson, Husqvarna’s president and CEO, said in a release.
Husqvarna did not disclose the financial terms of the deal, but said the two parties are working to finalize the agreement by the end of the year. The Sweden-based manufacturer plans to align Blastrac within its Construction Division.