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

  • Emergent aggregates market vitality
    March 12, 2014
    New research shows the vital importance of emerging markets to the aggregate production industry, while leading aggregate production equipment manufacturers have brought new cutting-edge models onto the market. Meanwhile, recent equipment purchases are playing a key role in boosting the commercial success of customers in France and Malta. Guy Woodford reports Demand for construction aggregates in the Asia/Pacific and Africa/Middle East regions is fuelling global aggregates sales growth, according to the
    Read More
  • Ammann sets up partnership for digital construction future
    March 12, 2018
    Amman has teamed up with an Austrian firm to develop digital construction solutions. The Austrian construction process specialist hiQ solutions and the Ammann Group’s Digital Products team have established Q Point, which will provide an independent, open digital platform for the construction industry. The new firm, Q Point, is intended to increase construction efficiency and quality, while also cutting costs. The plan is to establish an open, manufacturer-independent platform that has open standards. This
    Read More
  • Volvo CE unveils L60H, L70H and L90H wheeled loaders
    January 6, 2017
    Volvo Construction Equipment’s new L60H, L70H and L90H wheeled loaders come with efficient Stage IV engines and the Swedish firm’s novel Torque Parallel (TP) linkage. These two key elements are said to allow the H-Series models to deliver outstanding fuel efficiency without compromising on performance.
    Read More
  • Volvo CE unveils L60H, L70H and L90H wheeled loaders
    February 10, 2015
    Volvo Construction Equipment’s new L60H, L70H and L90H wheeled loaders come with efficient Stage IV engines and the Swedish firm’s novel Torque Parallel (TP) linkage. These two key elements are said to allow the H-Series models to deliver outstanding fuel efficiency without compromising on performance.
    Read More

Highlighted Content