Isuzu Motors to acquire UD Trucks from Volvo Group for JPY 243 billion

Volvo Group and Isuzu Motors signed binding agreements for a strategic alliance, including Isuzu's acquisition of UD Trucks for JPY 243 billion (approx. SEK 20 billion). The transaction is subject to regulatory approval.

“The agreements include Isuzu Motor’s acquisition of UD Trucks from the Volvo Group for an enterprise value of JPY 243 billion.”volvogroup.com

• 1 source
• volvogroup.comVolvo Group and Isuzu Motors sign final agreements to form strategic allianceOct 30, 2020

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