Brief: Volvo Group, Renault Group And CMA-CGM In Agreement On Strategic Change For Flexis

Volvo AB

23/02/2026 07:04

Feb 23 (Reuters) - Volvo AB VOLVb.ST:

VOLVO GROUP, RENAULT GROUP AND CMA-CGM IN AGREEMENT ON STRATEGIC CHANGE FOR FLEXIS

VOLVO GROUP, RENAULT GROUP AND CMA-CGM IN AGREEMENT ON STRATEGIC CHANGE FOR FLEXIS

RENAULT WILL BUY VOLVO'S 45 % OWNERSHIP AND CMA-CGM'S 10% IN FLEXIS S.A.S

VOLVO GROUP, THROUGH RENAULT TRUCKS, WILL REMAIN A PARTNER AND INVESTOR IN PROJECT AND WILL DISTRIBUTE FLEXIS DEVELOPED PRODUCTS FROM 2027

TRANSACTION HAS NO MATERIAL IMPACT ON VOLVO GROUP EARNINGS.

Source text: ID:nWkr5Tm8cn

Further company coverage: [VOLVb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))