1959
INCORPORATION
Auto-Sueco Coimbra is founded, in Coimbra. Volvo Vehicle and Truck Dealer in 6 districts in Central Portugal.
History
1970
PARTNERSHIP WITH VOLVO
Volvo invites ASC to import and distribute Volvo Construction Equipment in Portugal.
1981
OPENING OF NEW BRANCHES
Opens facilities in Albergaria-a-Velha, Viseu and Castelo Branco.
1999
1st INTERNATIONALIZATION - SPAIN
Acquisition of Volmaquinaria Construction España SA (VMCE).
2001
RENTAL OF MACHINERY AND EQUIPMENT
Start of activity for the rental of machinery and equipment.
2003
INVESTMENT IN MULTIBRAND AUTOMOTIVE BUSINESS
Enters the Multibrand Automotive Business, bringing Volvo together with Land Rover, Jaguar and Mazda.
2004
2nd INTERNATIONALIZATION - USA
Acquisition of Volvo CE operations in five regions in the USA (North Carolina, Georgia, South Carolina, Alabama and Tennessee).
Incorporation of new company: ASC Construction Equipment USA, INC.
2009
GROUP’S 50TH ANNIVERSARY
2010
3rd INTERNATIONALIZATION - TURKEY AND DIVERSIFICATION OF BUSINESS - INFRASTRUCTURE EQUIPMENT
Acquisition of Volvo Construction Equipment operations in Turkey.
Acquisition of Air-Rail in Spain - infrastructure equipment (ports, airports and railways).
Incorporation of Air-Rail Portugal - infrastructure equipment (ports, airports and railways).
2011
REORGANIZATION OF THE GROUP AND CREATION OF A CORPORATE CENTER
2012
4th INTERNATIONALIZATION - MEXICO AND REBRANDING
Restructuring. Incorporation of the Holding of the Group. Transformation into a Public Limited Liability Company.
Change of the Group's name to Ascendum.
Begins Volvo construction equipment operations in Mexico.
2013
5th INTERNATIONALIZATION - CENTRAL EUROPE AND NORTH DAKOTA
Acquisition of Volvo Construction Equipment operations in Austria, Hungary, the Czech Republic, Slovakia, Romania, Croatia, Slovenia, Bosnia and Herzegovina, and Moldova.
Acquisition of the distribution of Volvo Construction Equipment products in North Dakota, USA.
2014
GROUP'S 55TH ANNIVERSARY
April 1st symbolizes a journey of strength and growth. Becomes a multinational corporation, present on 4 continents, in 14 countries, with headquarters in Portugal, 1,350 employees and a turnover of around 680 million Euros.
2015
CONTINUED RECOGNITION
Ascendum’s increased recognition as an exemplary partner by Volvo and other stakeholders, both from a stand point of the pursuit of its objectives, and from a stand point of its fulfilment of its financial obligations.
2019
ASCENDUM CELEBRATES 60 YEARS
Ascendum is celebrating its 60th anniversary and wants to share this moment with its partners - suppliers, customers, and employees – As we continue looking to the future we are proud of the past and of the values that have brought us this far, we want to project them into the next decades and into the next challenges that we'll surely face. In doing so, we have decided to turn the number 60 into the GO Attitude. Looking at this date, not only as a number but as a way of life, one that has been inspiring us since our foundation and one that will keep us all on a road to success.
2021
1 BILLION EUROS IN SALES
Ascendum reaches 1 Billion Euros in Sales, for the first time in the group’s history, with the positive contribute from all the geographies.