M&A Deal Summary |
|
|---|---|
| Date | 2024-02-23 |
| Target | Olofsson Dackcenter |
| Sector | Automotive |
| Buyer(s) | Bilia |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1967 |
| Sector | Automotive |
| Employees | 4,857 |
| Revenue | 30.2B SEK (2020) |
Bilia is one of Europe’s largest car dealership chains, with a leading position in servicing and sales of cars and transport vehicles plus supplementary services such as financing and insurance. Bilia has 130 facilities Sweden, Norway, Germany, Luxembourg, and Belgium plus two online auction sites, one in Sweden and one in Norway. Bilia’s Service Business includes a well-developed range of services and service concepts that are continuously developed to simplify car ownership for the customers. The Service Business includes workshop services, spare parts, store sales, and e-commerce. Bilia was founded in 1967 and is based in Gothenburg, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Automotive) | 4 of 4 |
| Type (Add-on Acquisition) | 4 of 4 |
| Country (Sweden) | 2 of 2 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-23 |
Olofsson Bil
Stockholm, Sweden Olofsson Bil is a car dealership and full-service operation for Volkswagen Group. Olofsson Bil sells new Volkswagen, Audi, Skoda, Seat and Cupra cars, as well as Volkswagen transport vehicles. The offering also include sale of used cars and aftermarket services, including associated tire services. Olofsson Bil was founded in 1966 and is based in Stockholm, Sweden. |
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