Ferronordic acquires Housby

Ferronordic agreed to acquire Housby. Reported deal value: $18M. Status: Completed. Sector: Heavy Equipment. Target headquarters context: Des Moines, Iowa, United States.

This page summarizes publicly available information about the transaction as of 2026-02-03. Figures and status may change as filings and press coverage update.

Heavy vehicle dealer Ferronordic , through its subsidiary Rudd, has finalized the acquisition of Housby Heavy Equipment , a dealer of Volvo Construction Equipment covering most of Iowa .The transaction was carried out as an asset acquisition for a purchase price of 18 million dollars, with the majority allocated to machinery and spare parts