Ammann finalises acquisition of Volvo CE paving subsidiaries

Switzerland-based Ammann has completed the purchase of paving subsidiary ABG Pavers from Volvo Construction Equipment (Volvo CE), the company announced on 4 June.

An ABG paver (Image: Ammann) Ammann announced it completed the acquisition of ABG from Volvo CE. (Image: Ammann)

The acquisition, , includes ABG鈥檚 facility in Hameln, Germany. The deal also includes the transfer of Volvo CE鈥檚 paving businesses in Linyi, China, and Bangalore, India, to Ammann.

A closing price was not made available. However, Volvo CE estimated last year that the sale would result in an operating loss (for quarter four of 2023) of about US$63 million.

According to Ammann, ABG pavers and screeds will continue to be produced at the facility in Hameln. Production facilities in Mehsana, India, and Suzhou, China, will also begin production in the near future.

鈥淎mmann will leverage its industry knowledge and customer relationships to guide the development of the pavers, with ABG in Hameln (Germany) becoming the Center of Excellence for paving operations within the group,鈥 said the company.

Dheeraj Panda, managing director of Ammann India, said, 鈥淭his synergy elevates our capability to provide comprehensive, cutting-edge road construction equipment solutions across India and the globe. It strategically positions us to cater to India鈥檚 burgeoning infrastructure needs that are critical towards building a strong base for sustainable economic growth.

鈥淲ith ABG鈥檚 strong product portfolio, we shall intensify our delivery of high-performance paving products that align perfectly with our history of excellence in asphalt paving and compaction.鈥

Ammann will retain the ABG brand name.

ABG Pavers鈥 screeds and products

According to Ammann, tracked and wheeled pavers will also become available through the ABG brand, but the company highlighted its screeds as being 鈥渒ey differentiators鈥.

鈥淎BG provided the first hydraulically adjustable, high-compaction screed on the global market,鈥 said Ammann. 鈥淩ecent advances include the e+ screed heat system, which can save 30 minutes of warmup time each shift while also reducing CO2 别尘颈蝉蝉颈辞苍蝉.鈥

Ammann touted the 鈥渆xtensive鈥 range of products it was acquiring through ABG, including a basic screed range of 1.5m to 13m (4.9 ft to 43 ft) paving width, ideal for airports and highways. The company noted that both fixed and variomatic screeds are available through ABG, which Ammann said is suitable for various materials, including asphalt, roller-compacted concrete, graded mineral mixes, and railway ballast.

鈥淰ariomatic screeds can pave at widths up to 10m (33 ft) and come with a range of compaction systems,鈥 said Ammann. 鈥淭hey are adaptable to different project types, from cold mixes to hot mixes and special profiles. The electrically heated variomatic screeds are easily extended to more than double their basic width.鈥

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