Brief: Bilia Acquires British Motor Group

Bilia AB

26/10/2023 12:19

Oct 26 (Reuters) - Bilia AB  BILIa.ST :
    * BILIA ACQUIRES BRITISH MOTOR GROUP, A FULL-SERVICE
OPERATION FOR
JAGUAR & LAND ROVER IN SWEDEN
    * DEAL IS EXPECTED TO TAKE PLACE IN 2024 AND IS CONDITIONAL
AN
APPROVAL FROM COMPETITION AUTHORITY
    * DURING 2022 SALES AMOUNTED TO APPROXIMATELY SEK 450MKR IN
2021,
WITH AN OPERATING MARGIN OF 1.1 PER CEN
    * BRITISH MOTOR GROUP CONSISTS OF TWO MODERN FULL-SERVICE
FACILITIES WITH SALES AND SERVICE

Source text for Eikon:  ID:nGNE120rSw 
Further company coverage:  BILIa.ST 

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