I.A. Hedin Bil - Annual Report 2018 1
YEAR 2018 • In March 2018 I.A. Hedin Bil acquired
five more Mercedes-Benz dealerships. • On April 17th, Hedin Mölndal Bil AB agreed to acquire Motorcentralen i Eskilstuna AB, including a sales and aftermarket dealership for Ford passenger cars and commercial vehicles. The acquisition was completed on May 3. • The new Flagship Ford Store Hedin Bil Segeltorp opened on April 19:th. • On April 23:rd, Bavaria Sverige Bil AB agreed to acquire Englunds Bil AB, with BMW sales and aftermarket services in Luleå. The acquisition was completed on May 9. • The Dodge & RAM Flagship Store in Kungens Kurva, Stockholm opened on May 1:st. • Kia Danderyd opened on June 7:th and Kia Norrtälje opened on June 8:th. • The minority stake in GS Bildeler was acquired by Hedin Automotive AS, now owning 100 percent of the company. • On July 13:th, Bavaria Sverige Bil AB agreed to acquire a BMW and Nissan dealership in Östersund, Sweden from Ivars Bil AB. The acquisition was completed on August 31. • On August 22, Hedin Belgien Bil AB agreed to acquire two automotive dealerships situated in between Antwerp and Ghent. The business includes sales and aftermarket service of Mercedes-Benz passenger vehicles, commercial vehicles and trucks. • Ford Transit Center, with sales of Ford commercial vehicles, was opened on September 1:st in Eklanda, Göteborg. • On September 20:th the rebuilt Hedin Bil dealership with sales of Mercedes-Benz, Kia and Nissan in Helsingborg, Sweden was opened. • Hedin Göteborg Bil AB acquired Skadecenter i Borås AB on September 28:th, expanding the aftermarket service and a repair center in Borås, Sweden. • GS Bildeler AS acquired 67% of Conlogo AS, a Norwegian import and wholesale company. • On the 1:st of November the new concept Hedin Certified, was launched with soul purpose to take the lead in the pre-owned vehicle market. • KW Cars in Grimbodalen transferred its business to I.A. Hedin Bil and change name to Hedin Bil in Grimbodalen. • On the 1:st of November, Hedin Ford Bil in Nacka opened. I.A. HEDIN BIL AB / ANNUAL REPORT / 2018 47 MERCEDES-BENZ FORD