Construction Equipment Global
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Our history

This is our heritage

Our history

From its humble beginnings as an engineering workshop in Sweden two centuries ago to the globally-renowned industry leader it is today, the growth of Volvo Construction Equipment (Volvo CE) is far from ordinary. It is a story of close to two centuries of innovation where today it stands proud as one of the world’s major manufacturers of construction equipment products and services and a pioneer for a more sustainable way of working. Our remarkable heritage provides the strong foundation on which we are able to build a better world today and for the future.

And now with more than 14,600 employees worldwide, major production facilities in nine countries and a presence across 180 markets, Volvo CE is best positioned to bring those decades of innovation to the benefit of all our customers.

TWO CENTURIES IN 5 MINUTES

“The Master Builder” tells the gripping story of many years of sustained construction innovation. Discover how Volvo CE grew to become one of the largest construction equipment manufacturers in the world.

Looking back
LOOKING BACK, MOVING FORWARD

1832
Johan Theofron Munktell is commissioned by the city of Eskilstuna, Sweden, to found an engineering workshop for the purpose of developing the local mechanical industry.

1844
Jean and Carl Gerhard Bolinder found Kungsholmens Gjuteri & Maskin Verkstad in Stockholm, Sweden.

1853
Munktell manufactures Sweden’s first steam locomotive.

1880
Bolinder participates in manufacturing the world’s first submarine in history to fire a torpedo while submerged under water.

1893
Bolinder builds Sweden’s first combustion engine.

1906
Even before the age of the tractor, Munktell starts to build construction machinery, with his first creation a steam-powered road roller.

1913
Munktell produces Sweden’s first tractor.

1932
Bolinder and Munktell’s companies merge to form AB Bolinder-Munktell.

1950
AB Bolinder-Munktell is purchased by Volvo.

Volvo benefits history t2016
PART OF THE VOLVO GROUP SINCE 1950
History and R&D milestones of the Volvo Group

1954
Introduction of the company’s 1st wheel loader: the H10.

1960
The line of wheel loaders is expanded with the acquisition of Arvika- Thermaenius AB Arvikaverken.

1966
The world’s first series manufactured articulated hauler ‘Gravel Charlie’ is launched.

1972
Introducing the ROPS-certified cabs. The unique structure protects the operator if the machine overturns.

1973
AB Bolinder-Munktell is renamed Volvo BM.

1982
Rigid haulers are added to complement the hauler line, following the acquisition of AB Kockum Landsverk.

1985
The VME Group is formed. It incorporates Volvo BM, Michigan and Euclid brand names, following a partnership with the American manufacturer Clark Equipment.

1990
Compact wheel loaders are added to the range thanks to the acquisition of Zettelmeyer Baumaschinen GmbH.

1991
Excavators are added to the product offering thanks to the acquisition of Åkermans Verkstad AB.

1995
VME becomes a fully owned Volvo company and changes its name to Volvo Construction Equipment (Volvo CE / VCE). The compact excavator line is extended through the acquisition of Pel-Job.

1997
The road range is initiated as a result of the launch of the motor grader line and the acquisition of Champion Road Machinery.

1998
Acquisition of the construction equipment division of Samsung Heavy Industries.

2002
Launch of new in-house designed backhoe loader.

Volvo benefits history VolvoCE concept wheel loader lx03
BUILDING THE FUTURE

2007
Acquisition of Chinese Lingong and Ingersoll Rand road construction.

Joint venture with SDLG.

Volvo launches the world’s first full-suspension articulated hauler.

2014
Volvo CE acquires Terex’s hauler business.

2016
The world’s largest articulated hauler to date, the Volvo A60H, is introduced.

Volvo Co-Pilot wins Human-Machine Interface award.

Volvo CE introduces a range of futuristic concepts: a serial-hybrid wheel loader, an autonomous, battery-electric load carrier and a cable-electric excavator.

2017-2018
Unveiling of the next generation concept machines: a fully electric excavator and an electric compact wheel loader.

2019
Acquisition of the Swedish machine adaptation specialist CeDe Group.

2020
Two electric compact machines now commercially available: the ECR25 Electric and L25 Electric.

2021
Volvo CE unveils Fuel Cell Test Lab to develop hydrogen fuel cell technology.

2021 (continues)
A single-drum asphalt compactor and first real-world example of a self-learning wheel loader join the portfolio of autonomous machinery concepts from Volvo.

Three more electric compact machines available to reserve online – making Volvo CE the manufacturer with the largest range of battery-powered machines.

Volvo reveals the world’s first vehicle made of fossil-free steel.

Volvo CE commits to Science-Based Targets in its industry-leading determination to achieve the Paris Agreement goals.

WANT TO DIG A LITTLE DEEPER INTO OUR HISTORY? PLAN A VISIT TO ONE OF OUR MUST-SEE MUSEUMS

MUNKTELL MUSEUM – ESKILSTUNA

In this beautiful old brick building you get to experience centuries of Swedish industrial history and a peak into our technological future. You can’t afford to miss this when visiting Eskilstuna.

Munktell Museum
VOLVO MUSEUM – GOTHENBURG

This is the perfect place to get a comprehensive view of the development of Volvo – from the very first ÖV4 to today’s entire range of cars, trucks, buses and other vehicles.

Volvo Museum

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