Nors Group has purchased Strongco Corporation and will take over its Volvo Construction Equipment’s (Volvo CE) Canadian dealerships and distribution.
Nors is taking over 22 Volvo CE locations, including those in the provinces of Alberta, Ontario, Quebec, New Brunswick, Nova Scotia, Newfoundland, and Labrador.
“We believe that Strongco will benefit from Nors’ global presence and brand recognition, and from its long experience in the automotive and construction equipment industry to further enhance its superior performance and future growth," said Tomás Jervell, CEO of Nors. "And we are very much looking forward to working with Volvo CE across Canada. We plan on investing heavily in staff expertise, as well as improving parts availability. The goal is to provide the highest uptime in the industry to Volvo CE customers, and we are ready to achieve it.”
Volvo CE manufactures wheel loaders, excavators, articulated and rigid-frame dump trucks, asphalt pavers, and more.
Nors is the one of the longest-standing partners of Volvo Group. The family-owned company was founded in 1933 by Luís Óscar Jervell, the current CEO’s grandfather. It began as a Volvo Group partner in Portugal, selling and servicing trucks and buses, and in 1970 it started selling Volvo CE products. The $2 billion (U.S.) company began its global expansion in the 1990s, entering the African market, then North and South America. Nors operates dealerships under the Nors Group, as well as through joint ownership of the Ascendum Group, which is one of the largest distributors of Volvo CE in the world.
“It’s fantastic to have such a seasoned partner expanding its successful operations and business model further across North America, and we are looking forward to the improvements they will bring to Canada,” said Stephen Roy, senior VP, Volvo CE North America. “Together we will enhance our Canadian sales and service efforts to improve the experience of our customers when working with Volvo CE. This new partnership has enormous potential.”
The Portugal-based Nors finalized the deal to purchase Strongco on March 18.
Source: Volvo CE
