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Volvo CE - About the company

Volvo CE is an unfunded company based in Carpiano (Italy), founded in 1832 by Johan Theofron Munktell, Carl Gherard and Jean Bolinder. It operates as a Manufacture of construction equipment. Volvo CE has not raised any funding yet. The company has 32 active competitors, including 1 funded and 6 that have exited. Its top competitors include companies like L&T, Ideal Industries and FAE Group.

Company Details

Registered Address
Mellomåsveien 1, 1414, TROLLÅSEN
Key Metrics
Founded Year
1832
Location
Carpiano, Italy
Stage
Unfunded
Ranked
Employee Count
551 as on Dec 31, 2021
Investment & Acquisitions
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Volvo CE's funding and investors

Volvo CE has not raised any funding rounds yet.

Volvo CE's founders and board of directors

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The founders of Volvo CE are Johan Theofron Munktell, Carl Gherard and Jean Bolinder.
Here are the details of Volvo CE's key team members:

Volvo CE's employee count trend

Volvo CE has 551 employees as of Dec 21. The total employee count is 5.0% lower than what it was in Dec 20. Here is Volvo CE's employee count trend over the years:
Employee count trend for Volvo CE
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Volvo CE's Competitors and alternates

Top competitors of Volvo CE include L&T, Ideal Industries and FAE Group. Here is the list of Top 10 competitors of Volvo CE, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for L&T
L&T
1946, Mumbai (India), Public
Provider of engineering and automation solutions for multiple industries
-
-
66/100
2nd
Logo for Volvo CE
Volvo CE
1832, Carpiano (Italy), Unfunded
Manufacture of construction equipment
-
-
51/100
3rd
Logo for Ideal Industries
Ideal Industries
1916, Sycamore (United States), Early Stage
Provider of construction equipment services
$3.8M
46/100
4th
Logo for FAE Group
FAE Group
1989, Fondo (Italy), Unfunded
Provider of construction equipments and machinery
-
-
37/100
5th
Logo for REV
REV
1967, Rimini (Italy), Series B
Manufacturer of crushers and mobile plants
$66.6M
33/100
6th
Logo for Sampierana
Sampierana
1950, San Piero in Bagno (Italy), Acquired
Manufacturer of mini excavators, skid loaders, and articulated backhoe loaders
-
-
27/100
7th
Logo for Unidelta
Unidelta
1973, Vestone (Italy), Unfunded
Producer of polyethylene pipes
-
-
26/100
8th
Logo for Dieci
Dieci
1963, Montecchio Emilia (Italy), Unfunded
Manufacturer of telescopic handlers, concrete mixers, and dumpers for various sectors
-
-
25/100
9th
Logo for CVS ferrari
CVS ferrari
1973, Milan (Italy), Acquired
Provider of liftrucks, reach stackers and other related equipment
-
25/100
10th
Logo for Stonex
Stonex
2010, Paderno Dugnano (Italy), Unfunded
Manufacturer of surveying instruments and software solutions
-
-
22/100
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Volvo CE's Investments and acquisitions

Volvo CE has made 3 investments in companies including VizaLogix and IronPlanet. Volvo CE has also acquired 8 companies including Swecon and Limach.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 12, 2026
Acquisition
May 08, 2024
Investments
2018
Westport (United States)
May 12, 2022
Acquisition
2018
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News related to Volvo CE

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Media has covered Volvo CE for a total of 31 events in the last 1 year, 13 of them have been about company updates and 2 about partnerships.
Volvo CE to close Rokbak hauler businessconstructionbriefing.comMar 17, 2026Volvo CE
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