Ferronordic completes acquisition of leading dealer for Volvo Construction Equipment in the USA
Ferronordic has completed the acquisition of Rudd Equipment Company, Inc. (“Rudd”), one of the largest dealers for Volvo CE in the United States, with operations in all or parts of nine states. Ferronordic thereby takes the first step to expand into the important US market.Ferronordic announced on 13 November 2023 that the company had entered into an agreement to acquire Rudd Equipment Company, Inc. (“Rudd”). On 30 November 2023, Ferronordic completed the acquisition of Rudd. Rudd is based in Louisville, Kentucky, but covers an extensive sales area with several major cities, such as