The companies decided to part ways due to difficult business conditions and little progress in collaborative projects
divestment
Posted inMachinery
Volvo CE divests British dealership to SMT Holdings
Volvo Construction Equipment has concluded the sale of its British dealership to Services Machinery & Trucks, a subsidiary of SMT Holdings
Posted inRental
Divestiture of Volvo Rents completed for $1.1bn
Volvo Group completes divestiture of Volvo Rents to Platinum Equity
Posted inPMV
ABB to sell Baldor Generators to Generac Holdings
ABB announces sale of generator-set business to Wisconsin firm Generac