Who is Scania owned by?

Scania AB is 100% owned by the German automotive company Volkswagen Group. This ownership came about through a series of acquisitions:

  • 1969: Scania merged with Saab AB to form Saab-Scania AB.
  • 1999: Volvo announced it had agreed to acquire a majority share in Scania, but the deal was blocked by the European Commission due to competition concerns.
  • 2006: German truckmaker MAN AG launched a hostile takeover bid for Scania, but it was ultimately unsuccessful.
  • 2011: Volkswagen Group acquired a majority shareholding in MAN SE, which indirectly gave them a significant ownership stake in Scania as well.
  • 2014: Volkswagen Group completed a public offer to acquire all remaining shares in Scania, making it a wholly owned subsidiary.

Therefore, as of today, Scania is part of the Volkswagen Group, specifically under its heavy commercial vehicle subsidiary, Traton, alongside other brands like MAN Truck & Bus, Volkswagen Caminhões e Ônibus, and Navistar.