Husqvarna’s Construction Division has acquired the concrete power trowel business from Wacker Neuson. The company will acquire all the product, R&D, and manufacturing assets relating to walk-behind and ride-on concrete power trowels. Sales in the power trowel segment in 2018 amounted to about $15.2 million.
"Power trowels complement our current range in a great way, connecting the entire process from ground compaction to polished concrete floors, and fits well into our divisional strategy to grow our Concrete Surfaces and Floors business,” Henric Andersson, president Construction Division, said in a press release.
A Husqvarna product range will be launched early in 2020, and will manufacture power trowels on Wacker Neuson's behalf.