# Volvo CE acquires Swecon for SEK 7 billion

Volvo Construction Equipment has agreed to acquire Swecon's business operations in Sweden, Germany and the Baltics including Entrack from Lantmännen for SEK 7 billion. The acquisition includes sales, rental, aftermarket services, offices, workshops and 1,400 employees.

- Type: Acquisition
- Announced: 2025-06-24
- Where: Sweden, Germany, Estonia, Latvia, Lithuania, Sweden
- Value: $660.0M (7.00B SEK)
- Jobs: 1,400
- Status: announced
- Products: construction equipment, aftermarket products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Volvo Construction Equipment](https://endata.com/companies/15315.md) (acquirer)
- [Swecon](https://endata.com/companies/59421.md) (target)
- [Lantmännen](https://endata.com/companies/76141.md) (partner)
- [Entrack](https://endata.com/companies/85543.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/volvo-construction-equipment-acquires-swecon-302489291.html), 2025-06-24: "At this time of transformation of our industry where our competitiveness is put to test, directly collaborating with our customers is even more important to be successful."

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