Editing Scania AB (section)

==Ownership==

===Saab-Scania AB (1969–1995)===
On 1 September 1969, Scania merged with [[Saab AB]], and formed [[Saab-Scania]] AB.<ref name="norsk-scania1995" /> When Saab-Scania was split in 1995, the name of the truck and bus division changed simply to ''Scania AB''. One year later, Scania AB was introduced on the stock exchange, which resulted in a minor change of name to ''Scania AB (publ)''.

===Aborted Volvo takeover===
On 7 August 1999, [[Volvo]] announced it had agreed to acquire a majority share in Scania. Volvo was to buy the 49.3% stake in Scania that was owned by [[Investor AB]], Scania's then main shareholder. The acquisition, for US$7.5&nbsp;billion (60.7&nbsp;billion [[Swedish krona|SEK]]), would have created the world's second-largest manufacturer of heavy trucks, behind [[DaimlerChrysler]]. The cash for the deal was to come from the sale of Volvo's car division to [[Ford Motor Company]] in January 1999.<ref>{{cite web |url=http://www.dieselnet.com/news/1999/08volvo.php |title=Volvo buys Scania |date=7 August 1999 |work=Diesel Net |publisher=Ecopoint |access-date=6 October 2009 |url-status=live |archive-url=https://web.archive.org/web/20100419184240/http://www.dieselnet.com/news/1999/08volvo.php |archive-date=19 April 2010 }}</ref>

The merger failed, after the [[European Union]] disapproved, announcing one company would have almost 100% market share in the Nordic markets.{{Citation needed|date= September 2009}}

===Aborted MAN takeover===
In September 2006, the German truckmaker [[MAN SE|MAN AG]] launched a €10.3bn hostile offer to acquire Scania AB. Scania's CEO [[Leif Östling]] was forced to apologise after comparing the bid of MAN to a "[[Blitzkrieg]]". MAN AG later dropped its hostile offer, but in January 2008, MAN increased their voting rights in Scania up to 17%.

===Volkswagen Group era===
The German automotive company [[Volkswagen Group]] gained ownership of Scania by first buying Volvo's stake in 2000, after the latter's aborted takeover attempt, increasing it to 36.4% in the first quarter 2007.<ref name=VWAG2007Q1>{{cite web |title=January–March 2007 Interim Report |url=http://www.volkswagenag.com/vwag/vwcorp/info_center/en/publications/2007/05/interim_report_jan_mar07.-bin.acq/qual-BinaryStorageItem.Single.File/Q1_2007_e.pdf |pages=1, 3 |publisher=[[Volkswagen Group|Volkswagen]] |place=Wolfsburg |date=May 2007 |access-date=6 October 2009 |url-status=live |archive-url=https://web.archive.org/web/20081029202043/http://www.volkswagenag.com/vwag/vwcorp/info_center/en/publications/2007/05/interim_report_jan_mar07.-bin.acq/qual-BinaryStorageItem.Single.File/Q1_2007_e.pdf |archive-date=29 October 2008}}</ref> It then bought out [[Investor AB]] in March 2008,<ref>{{Cite web |last=Bloomberg/Stockholm |date=2017-01-20 |title=Investment kings of Sweden shrug off loss of five CEOs at once |url=https://www.gulf-times.com/story/529752/investment-kings-of-sweden-shrug-off-loss-of-five-ceos-at-once |access-date=2025-04-05 |website=Gulf Times |language=en}}</ref> raising its share<ref>{{cite web |url=http://www.hemscott.com/news/latest-news/item.do?newsId=60917668904265 |title=VW CEO hints there will be no merger of Scania and MAN |publisher=Thomson Financial |access-date=21 March 2008}}</ref> to 68.60%<ref>{{cite web |title=Scania (publ.) AB |url=https://www.scania.com/content/dam/group/investor-relations/financial-reports/credit-rating/2008-06-18_A-_Stable.pdf |website=scania.com}}</ref>

The deal was approved by regulatory bodies in July 2008. Scania then became the ninth [[marque]] in the Volkswagen Group.<ref>{{cite press release |title=Scania has become the ninth brand in the Volkswagen Group |url=http://www.volkswagenag.com/vwag/vwcorp/info_center/en/themes/2008/12/scania.html |publisher=[[Volkswagen Group|Volkswagen]] |date=1 December 2008 |access-date=10 November 2009 |url-status=live |archive-url=https://web.archive.org/web/20111001033857/http://www.volkswagenag.com/vwag/vwcorp/info_center/en/themes/2008/12/scania.html |archive-date=1 October 2011 }}</ref> By 1 January 2015, the Volkswagen Group controlled 100% of the shares in Scania AB. In 2018, Volkswagen Truck & Bus was rebranded [[Traton]].