# Husqvarna Group acquires Blastrac for surface preparation expansion

Husqvarna Group's Construction Division has signed an agreement to acquire Blastrac, a provider of surface preparation technologies, with net sales of approximately SEK 600 million and 380 employees globally. The acquisition is expected to close by the end of 2020, subject to regulatory approval.

- Type: Acquisition
- Announced: 2020-11-24
- Where: Netherlands
- Value: $65.0M (600.0M SEK)
- Status: announced
- Products: surface preparation equipment, shot blasting, scarifying, scraping, grinding and polishing, dust collection
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Husqvarna](https://endata.com/companies/17348.md) (acquirer)
- [Blastrac](https://endata.com/companies/51424.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/husqvarna-group-is-further-expanding-its-offering-in-surface-preparation-through-the-acquisition-of-blastrac-301179457.html), 2020-11-24: "The acquisition of Blastrac strengthens and complements our organic growth ambitions, as we are further expanding into complementary surface preparation solutions."
- [aggbusiness.com](https://www.aggbusiness.com/husqvarna-expands-surface-preparation-offering-blastrac-acquisition/), 2020-11-30: "The construction division of Swedish-based Husqvarna Group has signed an agreement to acquire Blastrac, a provider of surface preparation technologies for the global construction and remediation industry."
- [cdrecycler.com](https://www.cdrecycler.com/news/husqvarna-group-announces-acquisition-of-blastrac-consolidation-of-brand-portfolio/), 2020-12-17: "The acquisition of Blastrac strengthens and complements our organic growth ambitions, as we are further expanding into complementary surface preparation solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.