Volvo CE Reach Agreement with the Ammann Group

Volvo Construction Equipment and the Ammann Group have reached an agreement whereby the Ammann Group will acquire Volvo CE’s global ABG Paver Business. The divestment includes the ABG Paver production and technology centre in Hameln, Germany, and will ensure the availability of the range and full support through the Ammann Group distribution channels and selected Volvo CE dealers.

Volvo CE and the Ammann Group say that see this as the best way to maintain and develop the long established ABG heritage in the paver business for relevant customers, dealers, suppliers and employees. As a consequence of the divestment, production of Volvo CE compaction equipment in Hameln will be phased out over time.

The agreement will benefit both companies by strengthening the product portfolio and distribution network of the Ammann Group, while allowing Volvo CE to continue to focus on developing sustainable solutions and future technologies and services, in line with the company´s strategic direction.

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