Volvo CE exits SDLG joint venture in major China strategy reset

Andy Brown Head of Content, Construction and Engagement

24 June 2025

Volvo Construction Equipment (Volvo CE) has announced that it has signed a contract to sell its ownership in China-based SDLG (Shandong Lingong Construction Machinery Co) to a fund predominantly owned by the Lingong Group (LGG).

Volvo CE acquired a majority stake in SDLG in 2006, with LGG as a minority shareholder, which gave the Sweden-based OEM access to the domestic Chinese construction equipment market, one of the world’s largest markets.

In a press release Volvo CE, one of the world’s top ten construction OEMs…

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

Login
CONNECT WITH THE TEAM
Neel Madsen
Neel Madsen Editor Tel: +44 (0) 1892 784088 E-mail: [email protected]
Peter Collinson VP Sales Tel: +44 (0) 1892 786220 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA