19.03.2020
Porto, Portugal – March 19, 2020: Nors, S.A. (“Nors”), a global leader in transport solutions and construction equipment, is pleased to announce the appointment of Oliver Nachevski to the position of President and Chief Executive Officer of Strongco Corporation (“Strongco”). This comes on the heels of the recently completed acquisition by Nors of Strongco Corporation on March 18, 2020. The combined entities now share a global footprint that spans over 17 countries on four continents.
Drawing on more than two decades of experience, Nachevski will provide strategic operational and financial leadership to Strongco’s senior executive team. He will also be responsible for modelling the company culture and values to be in line with those of the Nors Group, now the parent company operating out of Porto, Portugal.
“We are excited for Oliver to take on the responsibilities of President and CEO of Strongco,” said Tomás Jervell, Chief Executive Officer of Nors. “He was a key member of the management team that strengthened the company’s financial health, and we believe his leadership represents a positive direction for Strongco and Nors as a whole.”
“I want to thank all of our employees for their continued commitment and loyalty,” said Oliver Nachevski. “Their tireless effort is the reason we were able to forge an alliance with a global powerhouse such as Nors. As we seek to enhance our product and service offering from coast to coast, it will be an honour to lead Strongco into the next phase of our growth as a part of the Nors family.”
Oliver joined Strongco in 1996, and in that time he has made a significant impact on many facets of the business, from Finance and Credit to Crane Operations and Construction Equipment. He is a Chartered Professional Accountant (CPA) and has held many titles, including most recently Vice President and Chief Operating Officer, where his leadership skills played a crucial role in growing the business and successfully overcoming strategic challenges.
About Strongco
Strongco Corporation, a wholly owned subsidiary of Nors, S.A., is a major multiline mobile equipment dealer with operations across Canada. Strongco sells, rents and services equipment used in diverse sectors such as construction, infrastructure, mining, oil and gas, utilities, municipalities, waste management and forestry. The Company has approximately 500 employees serving customers from 26 branches in Canada. Strongco represents leading equipment manufacturers with globally recognized brands, including Volvo Construction Equipment, Case Construction, Sennebogen, Manitowoc Crane, including National and Grove, Fassi, Konecranes, Allied Construction, and ESCO.
About Nors
Nors is a Portuguese based private company that sells, rents and services construction, infrastructure, mining and forestry equipment, trucks, busses, cars and marine and industrial engines in 16 countries in four continents: Portugal, Spain, Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Turkey, Brazil, Angola, Mozambique, Botswana, Namibia, Mexico and the USA. The company was founded in 1933, has 3,600 employees and a turnover of over €1.6 billion. Nors represents leading heavy equipment manufacturers with global brands like Volvo Construction Equipment, Volvo Trucks, Volvo Bus, Volvo Penta, Renault Trucks, UD Trucks, DongFeng Trucks, SDLG, Sennebogen, Grove, Epiroc, Sandvik, Case IH, Kohler-SDMO, Yale and Hyster.
For further information:
Strongco
Maria Valentini
Marketing Manager
905-670-5100
mvalentini@strongco.com
Nors
Ana Salomé Martins
+351 226 150320
asalome@nors.com
19.03.2020
Shippensburg, PA – March 19, 2020: Nors Group (Nors), a global leader in transport solutions and construction equipment, has purchased Strongco Corporation (Strongco) and will take over its Volvo Construction Equipment’s Canadian dealerships and distribution. The Portugal-based company finalized the deal to purchase Strongco on March 18.
Nors is taking over 22 Volvo CE locations, including those in the provinces of Alberta, Ontario, Quebec, New Brunswick, Nova Scotia and Newfoundland and Labrador. With almost 90 years of experience in the industry and operations in 16 countries, including the U.S. and Mexico under its jointly owned company, Ascendum Machinery, Nors has built a reputation as an outstanding dealer that is focused on providing unique solutions to its customers.
“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. And we are very much looking forward to working with Volvo CE across Canada,” said Tomás Jervell, CEO of Nors. “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.”
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 Construction Equipment products. The US$2 billion 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.”
For more information, please contact:
Dave Foster
Vice President
Marketing and Corporate Communications
Sales Region Americas
Volvo Construction Equipment
Tel: 717 530 6169
Email: dave.foster@volvo.com
Damian Joseph
SE10
Americas
Tel: 312 527 5590
Email: damian.joseph@se10.com
Visit http://www.thenewsmarket.com/volvogroup to access broadcast-standard video from the Volvo Group. You can preview and request video material as MPEG2 files or on Beta SP tapes. Registration and video material are free for the media.
The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment, and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, with its headquarters in Gothenburg, employs about 95,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. In 2017, the Volvo Group’s net sales amounted to about SEK 334.7 billion (EUR 34.1 billion). The Volvo Group is a publicly held company. Volvo shares are listed on Nasdaq Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone.
19.03.2020
NORS CONCLUDES ACQUISITION OF STRONGCO CORPORATION, CANADA
Porto, Portugal – March 19, 2020: Nors, S.A. (“Nors”) concluded the acquisition of Strongco Corporation (“Strongco”), a major multiline mobile equipment dealer with operations across Canada. Strongco sells, rents and services equipment used in diverse sectors such as construction, infrastructure, mining, oil and gas, utilities, municipalities, waste management and forestry. The Company has approximately 500 employees serving customers from 26 branches in Canada.
“We believe that Strongco will benefit from Nors’ global presence and brand recognition and our years of experience in the automotive and construction equipment industry will further enhance their superior performance and future growth. We are thrilled to welcome Strongco to the Nors family,” commented Tomás Jervell, Chief Executive Officer of Nors.
This strategic acquisition will strengthen Strongco’s presence in the marketplace and position them to provide greater support to our customers across Canada.
About Strongco
Strongco Corporation is a major multiline mobile equipment dealer with operations across Canada. Strongco sells, rents and services equipment used in diverse sectors such as construction, infrastructure, mining, oil and gas, utilities, municipalities, waste management and forestry. The Company has approximately 500 employees serving customers from 26 branches in Canada. Strongco represents leading equipment manufacturers with globally recognized brands, including Volvo Construction Equipment, Case Construction, Sennebogen, Manitowoc Crane, including National and Grove, Fassi, Konecranes, Allied Construction, and ESCO.
About Nors
Nors is a Portuguese based private company that sells, rents and services construction, infrastructure, mining and forestry equipment, trucks, busses, cars and marine and industrial engines in 16 countries in four continents: Portugal, Spain, Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Turkey, Brazil, Angola, Mozambique, Botswana, Namibia, Mexico and the USA. The company was founded in 1933, has 3,600 employees and a turnover of over €1.6 billion. Nors represents leading heavy equipment manufacturers with global brands like Volvo Construction Equipment, Volvo Trucks, Volvo Bus, Volvo Penta, Renault Trucks, UD Trucks, DongFeng Trucks, SDLG, Sennebogen, Grove, Epiroc, Sandvik, Case IH, Kohler-SDMO, Yale and Hyster.
For further information:
Rui Miranda, CFO
Tel: +351 226 150 320
Email: rmiranda@nors.com
16.03.2020
As COVID-19 persists, we would like to assure you that Strongco will continue to provide convenience and quick-service response. We understand the importance of finding a part or fixing a problem as fast as possible. That’s why our business will continue with only minor adjustments.
To order parts and have them shipped immediately, please reach out to us online or over the phone. Find your local Strongco branch >
As Per the recommendations of the World Health Organization and the Public Health Agency of Canada, we are limiting face-to-face meetings in order to slow the spread of the coronavirus. As the situation evolves, we’ll continue to keep you updated.
Thank you for placing your trust in Strongco. During this challenging time, we are working hard to give you the confidence you need in your heavy equipment provider.
Contact your local Strongco branch for more information >
11.03.2020
In February, QSL company bought their fifteenth Konecranes forklift in five years. They’ve been helping to build the Konecranes presence in North America as they’ve expanded to new locations around the continent.
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