News service and business centre for materials handlingHOME

Volvo finalises CeDe acquisition

Wednesday, 20 Mar 2019 ( #915 ) - Braas, Sweden
News Story
CeDe adapts machinery for special applications
Volvo Construction Equipment (Volvo CE) has received all necessary approvals for the acquisition of Swedish machine adaptation specialist CeDe Group and the deal is now closed.

"We are delighted to move forward in our partnership with CeDe Group. Its engineering excellence and understanding of delivering often unique, special applications to customers is a useful addition to Volvo CE's growth strategy," says Melker Jernberg, president of Volvo CE.

"This co-operation secures CeDe’s future," adds CeDe Group’s representative, Krister Johnsson. "We are extremely pleased to have joined the Volvo CE family of companies. With our already long and good relationship with Volvo CE and deep understanding of its products, we are excited at the opportunities to develop our services and expand our reach into new markets."

CeDe Group is based in Malmo, Sweden, and the deal includes its intellectual property, operations, other assets and staff of around 45 full-time employees. CeDe has a reputation in Scandinavia as a low-volume adaptor of construction and mining machinery for special applications. Working for several leading OEMs, including Volvo CE and its dealers, adaptations include developing new bodies for haulers, rail conversions for wheeled excavators, as well as conversions for underground mining applications.

The company was formed in 2000 and can trace its roots back to Volvo’s original excavator business, Åkerman.
Discuss News stories in the Discussion Forums!
Forkliftaction Media Pty Ltd
PO Box 1439
Milton QLD 4064
About Forkliftaction
The Forkliftaction Team
Privacy Policy
Site Map
Business Directory
Discussion Forums
Industry News
Events Calendar
Jobs & Resumes
Photo Galleries
Blog articles
Our Bloggers

Industry Brands
Company Index
Regions & Countries

Advertise on Forkliftaction
Editorial Features / Calendar
Featured Businesses
Past News Editions
Industry Associations
Storing your login information automatically.

When you select the 'Remember me' option, your login information will be stored on your computer in the form of a cookie. When you visit again, the stored login information will be retrieved automatically and you will not have to submit your login parameters (email address and password) each time you want to visit our members-only pages.

A cookie is a small piece of data that is sent to your browser from a web server and stored on your computer's hard drive. A cookie can't read data off your hard disk or read cookie files created by other sites. Cookies do not damage your system.