Volvo CE to Invest SEK 7 Billion in Swecon Deal That Expands Retail and Service Network Across Northern Europe

Volvo CE buys own dealer for $700m to boost German sales - Global Construction Review

Construction equipment maker Volvo CE has announced the acquisition of its Swedish dealer Swecon for $700m. Swecon sells construction machines in Sweden, Germany and the Baltic States. Volvo bought it from Swecon’s parent Lantmännen, a farming cooperative and machinery retailer. Volvo said it would take over Swecon’s “entire business scope”, including sales and after-sales service and 1,400 employees. Last year, Swecon’s turnover was around $…

Volvo CE announces major investment in European retail business by acquiring Swecon

Volvo CE has come to an agreement with Lantmännen to acquire Swecon, with operations in Sweden, Germany and the Baltics including Entrack.

Volvo CE to Invest SEK 7 Billion in Swecon Deal That Expands Retail and Service Network Across Northern Europe

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