Volvo Construction Equipment (Volvo CE) has announced the divestment of its ABG Paver Business to the Ammann Group, marking a strategic shift in their business focus.
This acquisition encompasses Volvo CE’s ABG paver production and technology center based in Hameln, Germany. The deal is set to bolster Ammann’s market presence and enable them to expand their business horizons.
While Volvo CE bids farewell to its paver business, this move aligns with the company’s commitment to driving sustainable solutions and pioneering future technologies and services.
Ammann Group’s investment signifies a forward-looking approach, promising potential enhancements in paving technology and industry solutions.
This transition signifies a new chapter for both Volvo CE and the Ammann Group, underlining their dedication to innovation, customer-centric strategies, and evolving market landscapes.
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