The acquisition consists of Swecon’s enterprise scope in these markets, i.e. gross sales of services, rental operations, aftermarket providers & assist to prospects in addition to workplaces, workshop amenities and 1,400 workers.
Volvo CE acquisition sees this as a strategic transfer to additional put money into retail operations in key markets; Germany, which is Europe’s largest building tools market, Sweden, Volvo CE´s dwelling market in addition to Estonia, Latvia and Lithuania. Along with the presently owned retail operations footprint, the Volvo CE acquisition will imply Volvo CE will personal and handle nearly all of the corporate´s enterprise in Europe, making retail core for Volvo CE in Europe.
“At the moment of transformation of our trade the place our competitiveness is put to check, straight collaborating with our prospects is much more vital to achieve success, and thru the acquisition of Swecon we consider we will drive an enhanced buyer satisfaction”, says Melker Jernberg, Head of Volvo CE.
Lantmännen is an agricultural cooperative with numerous actions in agriculture, vitality, meals and equipment. For the total 12 months of 2024 Swecon revenues amounted to 10 billion SEK. Entrack is a supplier of aftermarket merchandise, independently and absolutely owned by Lantmännen.
