Volvo Construction Equipment acquires Swecon
Volvo Construction Equipment (VLVLY) has announced the acquisition of Swecon's business operations in Sweden, Germany, and the Baltics from Lantmännen for 7 billion SEK. The strategic acquisition includes Swecon's sales operations, rental services, aftermarket support, facilities, and 1,400 employees.
The deal, expected to close in the second half of 2025, will give Volvo CE ownership of the majority of its European business, with particular focus on Germany (Europe's largest construction equipment market) and Sweden (Volvo CE's home market). Swecon generated revenues of 10 billion SEK in 2024, and the acquisition includes Entrack, an aftermarket products provider.
Volvo Construction Equipment (VLVLY) ha annunciato l'acquisizione delle attività di Swecon in Svezia, Germania e nei Paesi Baltici da Lantmännen per 7 miliardi di SEK. L'acquisizione strategica comprende le operazioni di vendita di Swecon, i servizi di noleggio, il supporto post-vendita, le strutture e 1.400 dipendenti.
L'accordo, che dovrebbe concludersi nella seconda metà del 2025, permetterà a Volvo CE di acquisire la maggior parte delle sue attività europee, con particolare attenzione alla Germania (il più grande mercato europeo per le attrezzature da costruzione) e alla Svezia (mercato domestico di Volvo CE). Swecon ha generato ricavi per 10 miliardi di SEK nel 2024, e l'acquisizione include Entrack, un fornitore di prodotti aftermarket.
Volvo Construction Equipment (VLVLY) ha anunciado la adquisición de las operaciones comerciales de Swecon en Suecia, Alemania y los países bálticos a Lantmännen por 7 mil millones de SEK. La adquisición estratégica incluye las operaciones de ventas de Swecon, servicios de alquiler, soporte postventa, instalaciones y 1.400 empleados.
El acuerdo, que se espera cierre en la segunda mitad de 2025, otorgará a Volvo CE la propiedad de la mayoría de su negocio europeo, con especial enfoque en Alemania (el mercado de equipos de construcción más grande de Europa) y Suecia (el mercado local de Volvo CE). Swecon generó ingresos de 10 mil millones de SEK en 2024, y la adquisición incluye Entrack, un proveedor de productos postventa.
Volvo Construction Equipment (VLVLY)는 Lantmännen으로부터 스웨덴, 독일, 발트해 국가에 있는 Swecon의 사업 운영을 70억 SEK에 인수한다고 발표했습니다. 이번 전략적 인수에는 Swecon의 판매 운영, 렌탈 서비스, 애프터마켓 지원, 시설 및 1,400명의 직원이 포함됩니다.
이번 거래는 2025년 하반기에 완료될 예정이며, 이를 통해 Volvo CE는 유럽 내 주요 사업권을 확보하게 됩니다. 특히 유럽 최대 건설 장비 시장인 독일과 Volvo CE의 본거지인 스웨덴에 중점을 둡니다. Swecon은 2024년에 100억 SEK의 매출을 올렸으며, 이번 인수에는 애프터마켓 제품 공급업체인 Entrack도 포함됩니다.
Volvo Construction Equipment (VLVLY) a annoncé l'acquisition des activités commerciales de Swecon en Suède, en Allemagne et dans les pays baltes auprès de Lantmännen pour 7 milliards de SEK. Cette acquisition stratégique comprend les opérations de vente de Swecon, les services de location, le support après-vente, les installations et 1 400 employés.
L'accord, dont la clôture est prévue pour le second semestre 2025, permettra à Volvo CE de détenir la majorité de ses activités européennes, avec un accent particulier sur l'Allemagne (le plus grand marché européen des équipements de construction) et la Suède (le marché d'origine de Volvo CE). Swecon a généré un chiffre d'affaires de 10 milliards de SEK en 2024, et l'acquisition inclut Entrack, un fournisseur de produits après-vente.
Volvo Construction Equipment (VLVLY) hat die Übernahme der Geschäftsaktivitäten von Swecon in Schweden, Deutschland und den Baltischen Staaten von Lantmännen für 7 Milliarden SEK angekündigt. Die strategische Übernahme umfasst Swecons Vertriebsaktivitäten, Mietservices, Aftermarket-Support, Anlagen und 1.400 Mitarbeiter.
Der Deal, der voraussichtlich in der zweiten Hälfte des Jahres 2025 abgeschlossen wird, verschafft Volvo CE die Mehrheit an seinem europäischen Geschäft, mit besonderem Fokus auf Deutschland (Europas größten Baumaschinenmarkt) und Schweden (Heimatmarkt von Volvo CE). Swecon erzielte im Jahr 2024 einen Umsatz von 10 Milliarden SEK, und die Übernahme beinhaltet Entrack, einen Anbieter von Aftermarket-Produkten.
- Strategic expansion into key markets including Germany (Europe's largest construction equipment market)
- Acquisition adds significant revenue stream with Swecon's 10 billion SEK annual revenue
- Integration of 1,400 employees and extensive operational infrastructure
- Enhanced direct customer collaboration and service capabilities through retail operations
- Strengthened presence in Volvo CE's home market (Sweden) and the Baltic region
- Significant capital expenditure of 7 billion SEK required for the acquisition
- Integration challenges with 1,400 new employees and multiple facilities across different countries
- Deal completion subject to regulatory approval, introducing timing uncertainty
The acquisition includes Swecon's business scope in these markets, i.e. sales of products and services, rental operations, aftermarket services & support to customers as well as offices, workshop facilities and 1,400 employees.
Volvo CE sees this as a strategic move to further invest in retail operations in key markets;
"At this time of transformation of our industry where our competitiveness is put to test, directly collaborating with our customers is even more important to be successful, and through the acquisition of Swecon we believe we can drive an enhanced customer satisfaction", says Melker Jernberg, Head of Volvo CE.
Lantmännen is an agricultural cooperative with diverse activities in agriculture, energy, food and machinery. For the full year of 2024 Swecon revenues amounted to
June 24, 2025
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