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

  • Developments in asphalt paving machines increases competition
    April 10, 2012
    With the asphalt paving segment split broadly into two methods, American or European,. it is no surprise that manufacturers. from these countries have dominated the market for some years. An interesting development in recent times has been seen with various European firms developing asphalt pavers to suit North American needs, including BOMAG, Dynapac and Vögele. Caterpillar and Volvo by comparison both offer both European and US-style pavers, with separate model ranges that have been developed over many ye
    Read More
  • China's increased aggregates production
    April 16, 2012
    A new range of equipment from SHANBAO has helped to increase limestone production to meet Henan Province's aggregates demand. SHANBAO has supplied a full range of equipment to two companies in a growth region of China.The Chinese-based manufacturer of stationary crushing and screening equipment supplied the equipment to Yongsheng Aggregates and Yongye Trading. The crushing, screening and feeding equipment is being used to process limestone that supplies 10% of the aggregate requirements in the Henan region'
    Read More
  • Asphalt plant technology meets market needs
    February 16, 2012
    Plants for mixing asphalt are becoming more sophisticated than ever, while users are looking for ecological and technological benefits. Patrick Smith reports. When the Adige Bitumi Group decided to renew its old M 260 plant it chose to collaborate with Marini for the design and development of a plant with production of 280-300tonnes/hour.
    Read More
  • IHI and Kato joining forces for machines
    October 25, 2016
    A new agreement between IHI and Kato will see the two firms joining their construction machine operations together. IHI Corporation (IHI) announced has agreed to transfer all the shares in its wholly‐owned IHI Construction Machinery business to Kato Works. The move will expand the product line-up for mini‐excavators, crawler cranes and other crawler equipment. All current facilities and network including overseas will remain without major changes for the time being. The two companies will assimilate ove
    Read More

Highlighted Content