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

  • Wacker Neuson sees profits rise
    March 30, 2022
    Wacker Neuson is seeing its profits rise.
    Read More
  • Asphalt plants: alternative fuels on the horizon
    November 22, 2022
    Many asphalt plant manufacturers such as Ammann, Benninghoven and Fayat have already developed contingencies for alternative fuels.
    Read More
  • Deutz and Liebherr strike engine supply agreement
    September 7, 2017
    Deutz and Liebherr have agreed a cooperation deal. This collaborative arrangement will provide Deutz the global distribution and service rights for Liebherr diesel engines in various applications and with power outputs from 200 - 620kW. Series production start-up is planned for 2019, in time for the introduction of the new EU Stage V emissions standard.
    Read More
  • Further new European pavers were launched at bauma 2013
    May 30, 2013
    Earlier this year several manufacturers announced new European asphalt pavers being launched at bauma 2013, but more surprises were in store at the show - Mike Woof writes. At the beginning of 2013 a number of manufacturers revealed new asphalt pavers being launched at the bauma 2013 exhibition. BOMAG, Caterpillar, Vögele and Volvo CE all announced new asphalt pavers in the shape of the BF900, AP300D, -3 Series units and new wheeled P-6870C respectively. These machines were at the show and all attracted con
    Read More

Highlighted Content