Bilia expands service operations in northern Sweden
Bilia has reached an agreement to acquire another service business, Holmgrens Truck-Motor AB, in Gällivare. The company carries out repair and customization of construction machinery as well as service of trucks. The acquisition is carried out as of today,
September 1, 2022.
Holmgrens Truck-Motor AB reported a turnover of approximately SEK 25 million for 2021 and currently has 17 employees.
Two of the salespeople, Malin Paulusson and Emil Nyström, will continue to work in the business and will in future own 20 percent of the shares in the company.
Per Avander, Bilia’s CEO and CEO, comments:
“Through the acquisition of Holmgrens Truck-Motor AB, we continue to expand Bilia’s operations in northern Sweden. This allows us to develop our truck operations for Mercedes-Benz in the important and fast-growing region of Gällivare and Kiruna.”
Malin Paulusson, CEO Holmgrens Truck-Motor AB, comments:
“We look forward to working together with Bilia and strengthening Mercedes-Benz as a brand in Gällivare. I feel safe with Bilia as a partner as we share the same basic values regarding employees and culture.”
Gothenburg on 1 September 2022
Bilia AB (publ)
For information please contact:
Carl Fredrik Ewetz, Investor Relations, +46 (0)10 497 07 73, [email protected]
Per Avander, President and CEO, +46 (0)10 497 70 00, [email protected]
Kristina Franzén, CFO, +46 (0)10 497 73 40, [email protected]
Facts about the Bilia Group
Bilia is one of Europe’s largest car dealers with a leading position in the service and sales of cars, transport vehicles and trucks. Bilia has approximately 150 facilities in Sweden, Norway, Luxembourg and Belgium. Bilia sells Volvo, BMW, Toyota,
Mercedes-Benz, Renault, Lexus, MINI, Porsche, Nissan, Dacia, Smart and Alpine and transport vehicles of the brands Renault, Toyota, Mercedes-Benz, Nissan and Dacia and trucks of the brand Mercedes-Benz.
Bilia today has a fully developed business with sales of new cars, e-commerce, spare parts and store sales, service and repair workshops, tires and car glass and financing, insurance, car washes, gas stations and car rescue under the same roof, which provides a unique offer.
Bilia had a turnover of approximately SEK 35 billion in 2021 and had approximately 5,300 employees.
-
Bilia expands service operations in northern Sweden