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About the company
AB Volvo is the parent company of the Volvo Group. The Volvo Group is a manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines. The Volvo Group also provides solutions for financing and service. Its segments include Trucks, Construction Equipment, Buses, Volvo Penta, Group functions & Other, and Financial Services. The Company's brand portfolio consists of Volvo, Volvo Penta, UD, Terex Trucks, Renault Trucks, Prevost, Nova Bus and Mack. In addition to vehicles and machines, its offering includes a range of services, such as insurance, rental services, spare parts, preventive maintenance, service agreements, assistance services and information technology (IT) services. Its product range is divided into Vehicles and Services. The sale of new vehicles, machinery and engines comprise Vehicles, as well as the sale of used vehicles and machines, trailers, superstructures and special vehicles. Its Services include the sale of spare parts.
- Revenue in SEK (TTM)346.88bn
- Net income in SEK16.78bn
- LocationVolvo ABGropegardsgatan 2GOETEBORG 417 15SwedenSWE
- Phone+46 31660000
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|VOLV B:STO since |
|Daimler Truck Fuel Cell GmbH & Co KG||Announced||21 Apr 2020||21 Apr 2020Announced||70.17%||651.72m|
|Zenuity AB||Deal completed||02 Apr 2020||02 Apr 2020Deal completed||88.57%||15.00m|