The European Commission has approved Lantmännen's divestment of Swecon to Volvo CE, according to a press release.

The deal has now received clearance from all relevant authorities and is expected to be finalized during the first quarter of 2026.

The transaction includes Swecon's entire operations in all countries, covering products and services, rental operations, aftermarket services, and approximately 1,400 employees.

Swecon is an authorized dealer for Volvo CE in several European countries and reported net sales of SEK 10 billion in 2024.