Volvo Construction Equipment Acquires Swecon
Deal News | Jun 24, 2025 | Volvo Group Venture Capital AB
Volvo Construction Equipment (Volvo CE) has entered into an agreement to acquire Swecon's business operations in Sweden, Germany, and the Baltics, along with Entrack, from Lantmännen. This acquisition has a total value of 7 billion SEK and is anticipated to close in the second half of 2025, pending regulatory approval. The move underscores Volvo CE's strategic expansion within the construction equipment industry, consolidating its presence in important European markets. The acquisition aligns with Volvo Group Venture Capital's broader investment goals, fostering growth and enhancing operational capabilities in key regions.
Sectors
- Construction Equipment
- Mergers and Acquisitions
Geography
- Sweden – Swecon's business operations in Sweden are part of the acquisition.
- Germany – Swecon's business operations in Germany are part of the acquisition.
- Baltics – Swecon's business operations in the Baltic region are part of the acquisition.
Industry
- Construction Equipment – The acquisition involves Volvo Construction Equipment and Swecon, two major players in the construction equipment industry.
- Mergers and Acquisitions – The article discusses a significant acquisition deal between Volvo CE and Lantmännen regarding Swecon.
Financials
- 7 billion SEK – The acquisition deal price for Swecon's business operations.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Volvo Construction Equipment | Acquirer | Company | Volvo CE is acquiring Swecon's business operations. |
| Swecon | Target Company | Company | Swecon's business operations in multiple regions are being acquired. |
| Lantmännen | Seller | Company | Lantmännen is selling Swecon's business operations to Volvo CE. |
| Volvo Group Venture Capital AB | PE Firm | Company | Volvo Group Venture Capital AB is facilitating the acquisition as part of its investment strategy. |