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

  • Advances in asphalt testing
    June 18, 2012
    The latest asphalt testing equipment brought onto the market is both innovative and highly accurate as Kristina Smith reports Advanced pavement design requires advanced test equipment. And advanced test equipment takes time and money to design, engineer and produce. But if your expensive testing machine could perform a few more tricks, buying one would make financial sense to more organisations. This is the thinking behind IPC Global’s new Uniaxial Fatigue Test Kit for its Asphalt Performance Mixer Tes
    Read More
  • Market bullish at bauma China 2016 exhibition
    February 1, 2017
    Key manufacturers reported a return to business confidence in China at the recent bauma China 2016 construction equipment exhibition The event was held at the Shanghai New International Expo Centre (SNIEC) and attracted 170,000 visitors from 149 countries, despite the cold weather and constant rain that plagued its first two days. The healthy attendance is a reflection of the gradually improving Chinese market. The Chinese economy suffered a slump in business levels in recent years, following a boom per
    Read More
  • Developing India’s roads with new machines
    February 10, 2017
    As part of the government’s plans to accelerate economic growth, a major expansion of India’s road network is underway Many cities in India are set to benefit from the government’s ambitious plan to use infrastructure investment to boost the economy. There are currently 11 ongoing projects across India’s road network, funded by the World Bank. Once complete, the road network will make travelling more efficient and boost India’s economic activity. The initiative will see the construction of new major
    Read More
  • GPS machine control speeds dangerous road improvement
    April 11, 2012
    A Canadian contractor has carried out major roadworks to improve safety on a dangerous stretch of road, using technology to complete the work smoothly. Wiltech Developments, located in West Kelowna, British Columbia, has a great deal of experience. In the contracting sector. The firm works in most. of British Columbia and currently owns more than 40 pieces of heavy machinery, with the majority of these units featuring Trimble Grade Control equipment, a move that has improved its operations.
    Read More

Highlighted Content