Veho Bil has entered into an agreement to acquire a Mercedes-Benz facility in Uppsala
Veho Bil, a leading dealer and distributor of Mercedes-Benz passenger cars and Daimler’s commercial vehicles in Finland, Sweden, Estonia, Latvia and Lithuania, has entered into an agreement with Hedin Mobility Group to acquire the Mercedes-Benz facility in Uppsala.
The facility is primarily engaged in the sale of Mercedes-Benz’ passenger cars, light commercial vehicles and aftermarket services, including workshop services and the provision of spare parts.
The transaction is being done as an asset deal and is subject to approval by the Swedish Competition Authority. The transaction is expected to close in the second half of Q4 2024.
Veho Bil is advised by Mannheimer Swartling in connection with the transaction.
