Anmai Group to Acquire Volvo Construction Equipment Company（Volvo CE）The worldABGPaver business，Including Hamelin, Germany（Hameln）YesABGFactory。At present, both sides have reached an agreement.。

The agreement will benefit both companies.——The Amway Group took this opportunity to strengthen its product portfolio and distribution network.，Volvo Construction Equipment can continue to focus on developing sustainable solutions and future technologies and services。

The transaction is expected to close in the first half of 2024.，Including the transfer of Volvo Construction Equipment's paver operations in Linyi, China, and Bangalore, India，Volvo Construction Equipment in Hamelin, GermanyABGFactory。

  

“This strategic acquisition completes our product portfolio.，Enables us to offer our customers a more comprehensive solution。”Hans, CEO of Anmai Group-Christian·Schneider（Hans-Christian Schneider）Express，The acquisition will also provide Anmai with a complete set of road construction solutions.，Covering from asphalt mixing plant to paving、Compaction and other fields。

AMAI will use its industry knowledge and customer relationships to guide the development of the paver.，Located in Hamelin, GermanyABGIt will become the center of excellence for paving operations in Anmai.。

Amway and Volvo Construction Equipment customers and dealers will continue to receive a full range of paving products as well as after-sales service.。

The transaction is subject to the approval of the relevant regulatory authorities and the Labor Committee.(Works Council)Consultation process，Expected to be completed in the first half of 2024。

Anmai is a global group of companies.，Mainly dedicated to the research and development of construction machinery、Manufacture、Services and trade，High reputation in the field of infrastructure and road construction。Since 1869，The Swiss-based family-owned company has enjoyed great international success.。