Volvo Group announced it has conducted a strategic review of the Governmental Sales business area and intends to initiate a process to divest this business.

The business, which has about 1,300 employees, most of whom are in France, manufactures and sells specially designed vehicles to governments, the defense industry, peacekeeping forces and aid organizations. The initiation of a divestment process is subject to the finalization of mandatory consultations with staff representative bodies. It includes operations such as Renault Trucks Defense, ACMAT Defense, Volvo Defence and Panhard Defense.


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