Volvo CE buys its biggest European dealer

Murray Pollok Managing Editor, IRN & Director of Content, KHL

24 June 2025

Swecon - Volvo authorised trading partner

Volvo Construction Equipment (Volvo CE) has acquired Swecon, its dealer in Sweden, Germany and the Baltics, for SEK7 billion (€630 million).

The deal, when completed, will see the OEM own the majority of its retail business in Europe and was described by Volvo CE as a “strategic move to invest…

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