Volvo to buy road division of Ingersoll-Rand

According Reuters News, Swedish truck maker Volvo plans to buy the road construction machinery business of Ingersoll-Rand for $1.3 billion.

Volvo is the second largest maker of trucks in the world. The Ingersoll-Rand division purchased by Volvo builds heavy equipment for road building and soil compaction.

The purchase is expected to make Volvo the third-largest construction machinery manufacturer after Caterpillar Inc.


One thought on “Volvo to buy road division of Ingersoll-Rand

  1. It is very interesting to know that Swedish truck maker Volvo plans to buy the road construction machinery business of Ingersoll-Rand for $1.3 billion. This should be a very good business decision.

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