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Dive Insight: Since 2006, Volvo CE has held a majority stake in SDLG as a way to gain access to China’s domestic construction equipment market. The company said its investment and collaboration ...

The roughly $839 million sale would allow the construction equipment giant to refocus its regional strategy as it expands operations across Europe and North America.

Volvo Construction Equipment is quitting its Chinese manufacturing joint venture and returning to direct distribution in ...

Volvo Group is divesting its 70% stake in Shandong Lingong Construction Machinery Co (SDLG) for 8 billion Swedish crowns, signaling a strategic shift away from China's mid-market. Simultaneously, ...

COPENHAGEN (Reuters) -Volvo Group on Tuesday said it would sell its 70% stake in China's Shandong Lingong Construction Machinery Co (SDLG) and buy its European construction equipment supplier ...

After Volvo acquired SDLG in 2006, the brand expanded globally, and entered the North American market in 2013. Details at Equipment World.