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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.
Lantmännen's acquisition of 100% of HKScan Sweden AB was approved by the EU Commission and is expected to be completed in March 2024. The agreement was signed on December 29, 2023.