Volvo CE is buying specialist firm CeDe

Volvo CE plans to acquire specialist firm CeDe Group, based in Malmo, Sweden. CeDe modifies construction machines for use in special applications, adapting equipment in low volumes. The deal is for an undisclosed sum and will include CeDe’s intellectual property, operations and other assets. As the annual volumes produced are relatively low, the deal will have no major effect on Volvo CE’s financial position. CeDe Group works for several leading OEMs, including Volvo CE and its dealers. Its adaptations inc
March 1, 2019 Read time: 2 mins
CeDe is a specialist supplier of modified machines

359 Volvo CE plans to acquire specialist firm 2694 CeDe Group, based in Malmo, Sweden. CeDe modifies construction machines for use in special applications, adapting equipment in low volumes. The deal is for an undisclosed sum and will include CeDe’s intellectual property, operations and other assets. As the annual volumes produced are relatively low, the deal will have no major effect on Volvo CE’s financial position.

CeDe Group works for several leading OEMs, including Volvo CE and its dealers. Its adaptations include developing long reach booms for demolition excavators, water or fuel bowsers for haulers, rail conversions for wheeled excavators, as well as conversions for underground applications.

Volvo CE will make available its considerable competences to the company and aims to add resources to allow it to expand its market reach and customer bases, becoming a European leader in this specialised field. The company will continue to provide and expand its engineering services to non-Volvo CE customers.

Earthmoving & soil compaction

For more information on companies in this article

Related Content

  • Soil compaction innovations abound
    October 26, 2012
    Manufacturers continue to innovate with sophisticated new soil compaction machines - Mike Woof reports This year has seen the introduction of a series of new soil compaction machines, as manufacturers develop their product ranges. Meeting emission legislation requirements in Europe and North America has helped drive firms to install the latest engine designs. Meanwhile machines have also evolved as companies further refine operating features. The global market for compaction machines has been dominated by
    Read More
  • Chinese quarry improving output with Sandvik machines
    July 15, 2016
    A Chinese quarry is using crushing equipment from Sandvik to help meet customer demand. This leading Chinese aggregate supplier has invested in four CH870 cone crushers supplied by Sandvik Construction. These up-to-date crushers have been acquired by the company to help produce high quality aggregate for the company’s customers’ increasing requirements. Zhongshan Xinlong Aggregate is located in Zhongshan City, Guangdong Province, China. From this and other locations, the company acts as a key producer and s
    Read More
  • A European Deere?
    July 4, 2018
    Iconic US manufacturer John Deere is back in Europe, thanks to its purchase of Wirtgen. David Arminas looks at what’s in store The gods were smiling on the Wirtgen Group for the company’s Road Technology Days 2018 event. This year it was held in summer-like weather at the recently expanded Voegele plant near Mannheim in Germany. Within days in northern Europe the season dramatically changed from dreary chilly late winter to glorious high temperatures, just in time to bathe the amassed demonstration equi
    Read More
  • Dressta increases dozer application range
    February 6, 2015
    Dressta is increasing the application range of its well-proven bulldozer designs with the introduction of new models for specific duties. The company claims that these variants represent Dressta’s customer-focused approach to manufacturing construction equipment. The firm has considerable experience in specifying its machines for different, and in some cases particularly arduous, machine applications. The range of customer-specific variations include optimal equipment configuration to adapt the machines to
    Read More

Highlighted Content