Gothenburg, Sweden, 2013-10-03 08:30 CEST (GLOBE NEWSWIRE) --
Bilia has today concluded a contract for acquisition of a BMW workshop in Tønsberg. The number of employees is 16 and net turnover amounts to approximately SEK 30 M per year. The purchase consideration amounts to about SEK 2 M and the date of possession is 1 November 2013.
The acquisition will be a good complementary to Bilia’s operation in Tønsberg, which today consists of only sales of new and old BMW cars.
Gothenburg, 3 October 2013
Bilia AB (publ)
For further information, please contact Per Avander, Managing Director and CEO, or Gunnar Blomkvist, CFO, Bilia AB, tel. +46 31 709 55 00 or Bilia's Managing Director in Norway Frode Hebnes, tel. +47 99 32 19 27.