# Volvo CE finalizes acquisition of CeDe Group

Volvo Construction Equipment has received all necessary approvals and closed the acquisition of Swedish machine adaptation specialist CeDe Group. The deal includes CeDe's intellectual property, operations, and staff of about 45 employees.

- Type: Acquisition
- Announced: 2019-03-13
- Where: Malmö, Sweden
- Jobs: 45
- Status: completed
- Products: machine adaptation services, special applications for construction and mining machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Volvo Construction Equipment](https://endata.com/companies/15315.md) (acquirer)
- [CeDe Group](https://endata.com/companies/37974.md) (target)

## Sources

- [volvoce.com](https://www.volvoce.com/global/en/news-and-events/news-and-stories/2019/volvo-ce-finalizes-acquisition-of-cede-group/), 2019-03-13: "We are delighted to move forward in our partnership with CeDe Group. Its engineering excellence and understanding of delivering often unique special applications to customers is a useful addition to Volvo CE's growth strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.