Volvo Rents sold to Platinum Equity for €800m
10 December 2013
Volvo has agreed to sell its North American rental business Volvo Rents to the US private equity firm Platinum Equity for approximately SEK 7.2 billion (€800 million).
The transaction includes only the Volvo Rents operations in the US, Canada and Puerto Rico, which employs 2100 people and is the…