John Cockerill completed the acquisition of Arquus from Volvo Group.

John Cockerill, a mechanical engineering group, completed the acquisition of Arquus, a military vehicles manufacturer, from Volvo Group, a Swedish multinational manufacturing corporation. Financial terms were not disclosed. Arquus manufactures and sells specially designed vehicles to defense forces and employs about 1.2k employees in France. In 2022, Arquus represented approximately 1 % of Volvo Group revenues.