Ammann and Volvo CE strike asphalt paver deal

Ammann and Volvo CE are striking an asphalt paver deal.
By MJ Woof December 14, 2023 Read time: 2 mins
Ammann is buying Volvo CE’s ABG paver range

The Ammann Group and Volvo Construction Equipment (Volvo CE) have reached an agreement over the ABG Paver Business. Under the agreement, Ammann will acquire Volvo CE’s global ABG Paver Business including ABG in Hameln, Germany.

The deal 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 their strategic direction.

The transaction, expected to be completed within the first half of 2024, includes the transfer of Volvo CE’s paving businesses in Linyi (China) and Bangalore (India) as well as Volvo CE´s ABG facility in Hameln (Germany).

“This strategic acquisition completes the depth of our product offerings and makes the solutions we offer customers more comprehensive,” said Hans-Christian Schneider, CEO of the Ammann Group. “The acquisition will also position Ammann with a suite of solutions, covering everything from asphalt plants to paving and compaction,” he added.

Ammann will leverage its industry knowledge and customer relationships to guide development of the pavers, with ABG in Hameln (Germany) becoming the Center of Excellence for paving operations within Ammann.

Customers and dealers of both Ammann and Volvo CE will retain access to the full line of paving offerings, as well as aftermarket and other services.

The transaction is subject to regulatory approvals and works council consultations.

Asphalt milling, paving & compaction

For more information on companies in this article

Related Content

  • German viaduct deal for STRABAG
    July 26, 2024
    STRABAG will handle a German road viaduct project in Hessen.
    Read More
  • Strong attendance points to a successful bauma China show
    December 17, 2014
    Even heavy rain showers on the first day of the bauma China exhibition in Shanghai did not dissuade the crowds packing the outside exhibition areas - Mike Woof writes Those firms exhibiting at bauma China 2014 in Shanghai benefited from a strong show that attracted a record attendance of 191,000, an increase of 6% over the 2012 event. A wide array of new equipment was on show from the 3,104 firms exhibiting, an increase of 14% from 2012. There was a strong focus on technology and new engines required for
    Read More
  • Tasmania to get used tyre crumbing plant
    March 14, 2022
    The project is part of the Australian state’s move towards more crumb rubber for road asphalt.
    Read More
  • Ammann pushes the utilisation rate of recycled asphalt even higher
    December 16, 2016
    The Ammann team was confident it had a game-changer on its stand when the 2007 bauma exhibition opened in Munich. The company’s RAH100 asphalt dryer was about to take a massive step forward for the global highway industry – and to lead the market for years to come Ammann’s RAH100 wasn’t a simple upgrade of an existing product. It was much bigger than that. The dryer offered the ability to utilise 100% recycled asphalt … a benefit no other competitor could match. “That 100% utilisation rate was a miles
    Read More

Highlighted Content