Veho Expands Operations with Acquisition of Bilia's Truck Division
Veho has acquired Bilia's Mercedes-Benz truck operations, enhancing its market presence in Sweden.
Key Points
- • Veho has acquired Bilia's sales and service operations for Mercedes-Benz trucks in Sweden.
- • The acquisition includes eight facilities, enhancing Veho's presence in Stockholm and Norrland.
- • The deal allows Veho to cover approximately two-thirds of the Mercedes-Benz truck operations in Sweden.
- • 103 employees from Bilia will transition to Veho, ensuring continuity and expertise.
Veho has successfully acquired Bilia's sales and service operations for Mercedes-Benz trucks in Sweden, a significant step in expanding its truck business. This acquisition includes eight facilities situated in strategic locations such as Stockholm, Södertälje, Norrköping, Överhörnäs, Umeå, Skellefteå, and Luleå, enhancing Veho's geographical reach, particularly in Stockholm and northern Sweden.
The deal allows Veho to manage approximately two-thirds of the Mercedes-Benz truck operations within the country, marking a substantial growth for the company in Sweden's competitive commercial vehicle market. Juha Ruotsalainen, CEO of Veho Group, emphasized the strategic importance of this acquisition, noting, "This acquisition marks an important step in our strategic journey and is a milestone for Veho's truck operations in Sweden."
As part of this transition, 103 employees from Bilia will join Veho, which is intended to ensure operational continuity and retain expertise crucial for delivering services without disruptions. Veho aims for a seamless integration process, prioritizing the experience of customers and partners throughout the change.
Overall, this acquisition not only bolsters Veho's presence but also positions it more competitively within the market as it expands its services and operational capabilities.