(IN BRIEF) Volvo Construction Equipment (Volvo CE) has completed the sale of its ownership in SDLG, transferring the stake to a fund mainly controlled by Lingong Group for SEK 8 billion (about 6 billion RMB). The divestment is expected to … Read the full press release →
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology, Transportation & Logistics
Tagged China construction equipment market, Gothenburg, LGG, Lingong Group, Nasdaq Stockholm, partnership, SDLG, SEK 8 billion divestment, Shandong Lingong Construction Machinery, supplier ecosystem, sustainability, Volvo CE, Volvo Construction Equipment, Volvo Group
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