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Volvo CE completes acquisition of Swecon for $780m - Global Construction Review

Volvo’s Construction Equipment arm Volvo CE has completed the acquisition of Swedish equipment dealer Swecon for US$780m (SEK7bn) following the approval of the European Commission. Swecon operates in Sweden, Germany, Estonia, Latvia and Lithuania, with approximately 1,400 employees. Volvo will own Swecon’s full business scope, including sales of products and services, rental operations, aftermarket services and support, offices and workshop fa…
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lectura.press broke the news in on Tuesday, February 3, 2026.
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