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Ammann Group completes acquisition of ABG Pavers
By Ammann Group
News ABG paving Ammann Volvo Construction Equipment![Electric Heated Fixed Screed on a paver](https://www.canadianrentalservice.com/wp-content/uploads/2024/06/Fixed-Screed_ABG_8820_VDT121_MB122_LR_02-1024x727.jpg)
Ammann Group has finalized its acquisition of the ABG paving product line from Volvo Construction Equipment.
“ABG is a strong brand that we’re proud to welcome to Ammann,” said Hans-Christian Schneider, CEO of Ammann. “We will continue to build on ABG’s exceptional product line and reputation and provide complete roadbuilding solutions for the industry.”
The transaction includes the transfer of Volvo CE’s paving businesses in China and India as well as Volvo CE´s ABG facility in Germany. ABG pavers and screeds will continue to be produced at the facility in Germany. Ammann will leverage its industry knowledge and customer relationships to guide the development of the pavers, with ABG in Germany becoming the centre of excellence for paving operations within the Group.
Initially established as a construction equipment repair shop in 1945, ABG has evolved into one of the most recognized paving brands globally. Ammann will retain the respected ABG name. “The ABG brand is synonymous with quality in the industry and aligns perfectly with Ammann’s history in asphalt compaction,” said Bernd Holz, executive vice president at Ammann.
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