Ammann Group to acquire Volvo CE's ABG paver business

Volvo Construction Equipment agreed to divest its global ABG paver business to Ammann Group, including the production and technology center in Hameln, Germany. About 400 employees will transfer to Ammann. The transaction is expected to close in the first half of 2024.

“Volvo Construction Equipment (Volvo CE) and the Ammann Group have reached an agreement whereby Ammann will acquire Volvo CE’s global ABG paver business.”volvogroup.com

• 2 sources
• volvogroup.comVolvo Construction Equipment reaches agreement to divest the ABG paver businessDec 14, 2023
• volvoce.comVolvo CE divests ABG Paver Business to Ammann | Volvo CEDec 14, 2023

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