Volvo Construction Equipment acquires Swecon for SEK 7 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2025
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Source: SeekingAlpha
Acquisition Details: Volvo Construction Equipment has agreed to acquire Swecon's operations in Sweden, Germany, and the Baltics for SEK 7 billion, which includes product sales, rental services, and 1,400 employees.
Strategic Goals: This acquisition aims to enhance Volvo CE's retail presence in Europe, particularly in Germany, Sweden, Estonia, Latvia, and Lithuania, with the deal expected to close in the second half of 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
