Bilia has reached an settlement to accumulate Söderbergs Personbilar i Norrköping AB. The business is carried out in seven amenities situated in Norrköping and Nyköping. Söderbergs Personbilar i Norrköping AB is a seller of Volkswagen, Audi, Skoda, Seat and Cupra vehicles in addition to Volkswagen transport automobiles with related gross sales of used vehicles and repair operations.
The settlement is topic to approval from the Swedish Competition Authority and due diligence. The deal is predicted to happen on 15 December 2022.
Söderbergs Personbilar i Norrköping AB´s gross sales amounted to roughly SEK 1 Bn, with an operational margin of 3.3 per cent. The number of staff have been 210 at the finish of 2021. The capital employed plus agreed surplus values quantities to roughly SEK 300 M.
Per Avander, Bilia AB, Managing Director and CEO, feedback:
“I am very happy and proud that Bilia will get the privilege of working with the Volkswagen Group’s brands. We welcome Volkswagen, Audi, Skoda, Seat and Cupra to the Bilia family and consider them to be an excellent complement to our already high-quality car brand portfolio.”
Claes Jerveland, Volkswagen Group Sverige AB, President and CEO, feedback:
“ We welcome Bilia as a companion in Södermanland and Östergötland whereas at the identical time expressing our appreciation to the Bergström household, homeowners of Söderbergs Personbilar, for an extended and superb collaboration. We are actually wanting ahead to how Bilia, who we already know as the proprietor of Porsche Center Malmö and Helsingborg, collectively with the workers, develops the business in Södermanland and Östergötland additional. As we’re going via modifications in the direction of electrification, linked vehicles and digital processes, native customer support remains to be our most vital focus.”
Christer Bergström, Bergström Invest in Nyköping AB, owner of Söderbergs Personbilar i Norrköping AB, comments:
“We, the Bergström household, are proud that Bilia has proven a powerful curiosity in our business. We really feel an excellent duty in the direction of our staff, our clients and companions and it’s important {that a} profitable, severe, and long-term proprietor like Bilia desires to proceed creating our business. Therefore, this settlement feels additional satisfying and I’m satisfied that it’ll give the business the greatest circumstances for the future.”
Gothenburg, 15 September 2022
Bilia AB (publ)
For info please contact:
Carl Fredrik Ewetz, Investor Relations, +46 (0)10 497 07 73, [email protected]
Per Avander, Managing Director and CEO, +46 (0)10 497 70 00, [email protected]
Kristina Franzén, CFO, +46 (0)10 497 73 40, [email protected]
This is info that Bilia AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The info was submitted for publication, via the company of the contact individuals set out above, on 15 September 2022, at 08:45 o’clock CEST.
Facts about the Bilia Group
Bilia is one of Europe’s largest automobile sellers with a number one place inside service and gross sales of vehicles, transport automobiles and vans. Bilia has about 150 amenities in Sweden, Norway, Luxembourg and Belgium. Bilia sells vehicles of the model Volvo, BMW, Toyota,
Mercedes-Benz, Renault, Lexus, MINI, Porsche, Nissan, Dacia, Smart, Alpine, Jaguar, Landrover and XPENG and transport automobiles of the model Renault, Toyota, Mercedes-Benz, Nissan and Dacia and vans of the model Mercedes-Benz.
Bilia has at present a totally expanded business with gross sales of new vehicles, e-commerce, spare elements and retailer gross sales, service and restore workshops, tyres and automobile glass and financing, insurance, automobile washes, gas stations and auto salvage below the identical roof, which supplies a singular provide.
Bilia reported a turnover of about SEK 35 bn in 2021 and had about 5,300 staff.
