# 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.

- Type: Acquisition
- Announced: 2020-10-30
- Where: Japan
- Value: $2.30B (243.0B JPY)
- Status: announced
- Products: commercial vehicles, medium- and heavy-duty trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Volvo](https://endata.com/companies/9342.md) (partner)
- [Isuzu Motors](https://endata.com/companies/43462.md) (acquirer)
- [UD Trucks](https://endata.com/companies/50876.md) (target)

## Sources

- [volvogroup.com](https://www.volvogroup.com/en/news-and-media/news/2020/oct/news-3815893.html), 2020-10-30: "The agreements include Isuzu Motor’s acquisition of UD Trucks from the Volvo Group for an enterprise value of JPY 243 billion."

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