{"id":693018,"date":"2026-01-13T11:00:11","date_gmt":"2026-01-13T11:00:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/693018\/"},"modified":"2026-01-13T11:00:11","modified_gmt":"2026-01-13T11:00:11","slug":"volvo-ce-secures-eu-approval-to-buy-swecon","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/693018\/","title":{"rendered":"Volvo\u00a0CE\u00a0secures\u00a0EU approval to buy\u00a0Swecon\u00a0"},"content":{"rendered":"<p>                                    <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/01\/Volvo-430x241.jpg\" alt=\"\"\/><\/p>\n<p>                                    Volvo Construction Equipment gets EU nod to acquire Swecon Credit: Lantm\u00e4nnen. <\/p>\n<p class=\"drop-cap\">Volvo Construction Equipment (Volvo CE) has received approval from the European Commission to\u00a0acquire\u00a0Swecon, following the conclusion of all required regulatory reviews.\u00a0\u00a0<\/p>\n<p>The transaction, first announced on 24 June 2025, allows Volvo CE to\u00a0proceed\u00a0with the purchase of\u00a0Swecon\u2019s\u00a0business operations in Sweden, Germany, and the Baltic states from\u00a0Lantm\u00e4nnen, including its\u00a0Entrack\u00a0subsidiary, for\u00a0Skr7bn\u00a0($762m).\u00a0<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.worldconstructionnetwork.com\/wp-content\/themes\/goodlife-wp-B2B\/assets\/images\/GMS-logo.svg\" alt=\"\"\/> Discover B2B Marketing That Performs <\/p>\n<p>\n\t\t\t\t\t\tCombine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.\n\t\t\t\t\t<\/p>\n<p><a href=\"https:\/\/www.globaldatamarketingsolutions.com\/\" class=\"gms-find-out-more\" target=\"_blank\" rel=\"noopener\"><br \/>\n\t\t\t\t\t\t\tFind out more <\/a><\/p>\n<p>The acquisition covers the full scope of\u00a0Swecon\u2019s\u00a0activities, which include the sale and rental of construction equipment, aftermarket support, customer service,\u00a0office\u00a0and workshop facilities, as well as the transfer of 1,400 employees.\u00a0\u00a0<\/p>\n<p>Swecon\u00a0currently\u00a0operates\u00a0as an authorised retail partner for Volvo CE in Sweden, Estonia, Latvia, Lithuania, and most regions of Germany.\u00a0\u00a0<\/p>\n<p>The company has been owned by\u00a0Lantm\u00e4nnen\u00a0for 25 years and reported net sales of\u00a0Skr10bn\u00a0in 2024.\u00a0<\/p>\n<p>With this decision from the European Commission, both parties\u00a0anticipate\u00a0finalising the transaction in the first quarter of 2026.\u00a0\u00a0<\/p>\n<p>Upon completion, Volvo CE will own and manage a majority share of its European retail operations, expanding its direct presence in Germany,\u00a0along with Sweden and the Baltic countries.\u00a0<\/p>\n<p>At the time\u00a0of\u00a0announcing the agreement,\u00a0Volvo CE\u00a0head Melker Jernberg said:\u00a0\u201cAt 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\u00a0Swecon,\u00a0we believe we can drive an enhanced customer satisfaction.\u201d\u00a0<\/p>\n<p>In November last year,\u00a0Volvo CE also confirmed\u00a0its plans to construct a\u00a0<a href=\"https:\/\/www.worldconstructionnetwork.com\/news\/volvo-ce-new-crawler-plant\/?utm_source=&amp;utm_medium=26-125507&amp;utm_campaign=\" target=\"_blank\" rel=\"noopener\">new crawler excavator assembly facility<\/a>\u00a0in Eskilstuna, Sweden, aimed at strengthening operations in Europe.\u00a0<\/p>\n<p>                    <img decoding=\"async\" src=\"https:\/\/www.worldconstructionnetwork.com\/wp-content\/themes\/goodlife-wp-B2B\/assets\/images\/newsletter-new.svg\" alt=\"Email newsletter icon\"\/><\/p>\n<p>\n                    Sign up for our daily news round-up!<br \/>\n                    Give your business an edge with our leading industry insights.\n                <\/p>\n","protected":false},"excerpt":{"rendered":"Volvo Construction Equipment gets EU nod to acquire Swecon Credit: Lantm\u00e4nnen. Volvo Construction Equipment (Volvo CE) has received&hellip;\n","protected":false},"author":2,"featured_media":693019,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[66773,2000,299,5187],"class_list":{"0":"post-693018","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-construction-equipment","9":"tag-eu","10":"tag-europe","11":"tag-european"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115887448171864144","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/693018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=693018"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/693018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/693019"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=693018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=693018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=693018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}