Panfilova str. 19, Khimki,
Moscow Region, 141407
Phone: +7 (495) 961 1030
Fax: +7 (495) 961 1034
The new Volvo Construction Equipment F-Series articulated haulers take proven power, quality and fuel efficiency — and make them even better.
In a move that will improve the company’s penetration in the core earthmoving segment and extend its presence in light mining, Volvo Construction Equipment has agreed to acquire the off-highway hauler business of the Terex Corporation for a purchase consideration of approx. USD 160 M (approx. SEK 1 billion) on a cash and debt free basis.
Martin Weissburg, 51, has been appointed new President of Volvo Construction Equipment, Volvo CE. Weissburg is currently President of the Volvo Group’s customer finance company, Volvo Financial Services, VFS, and a member of the Group Executive Team. He will assume his new position on January 1, 2014, and replaces Pat Olney