Swecon Group divested to Volvo Construction Equipment
Our role
Evli Corporate Finance acted as the exclusive financial advisor to Lantmännen in the divestment of Swecon Group to Volvo CE.
Buyer
Volvo CE is a global manufacturer of construction equipment and part of the Volvo Group. Volvo CE provides a comprehensive range of machines, solutions, and services, with a strong focus on productivity, innovation, and sustainability. The acquisition supports Volvo CE’s strategy to further invest in retail operations in key markets, including Germany, Sweden, and the Baltics.
Target
Swecon Group is a leading dealer of machinery for the construction and civil engineering industry and a long-standing partner of Volvo CE. Swecon offers a broad range of construction machinery, equipment, spare parts, training, servicing, and support through its service facilities. Swecon Group employs approximately 1,400 people and reported revenues of SEK 10 billion in 2024.