Other information

Corporate acquisitions and divestments

In May 2013, the consultancy company DRD, wholly-owned by UD Trucks with product development operations and approximately 500 employees, was divested. The divestment resulted in a capital gain of SEK 99 M in the second quarter. In the second quarter, assets amounting to SEK 661 M and liabilities amounting to SEK 421 M, pertaining to distribution network operations, have been reclassified as assets and liabilities held for sale.

Volvo has not made any acquisitions or other divestments during the second quarter that have had a significant impact on the Volvo Group.