Volvo dismisses media speculation concerning acquisition of Nexter of France
The Volvo Group has no plans to acquire the French company Nexter, a manufacturer of products for the defense industry. Information reported in the Swedish media is absolutely untrue.An article in Dagens Industri on February 7 described the possibility of the Volvo Group merging or combining some of its operations with Nexter. “The article is based on an interview with a person who is incorrectly named as the President of the French company Panhard, which Volvo acquired in 2012,” says Mårten Wikforss, Executive Vice President Corporate Communication at Volvo. “The person in question