I.A. Årsredovisning 2020 ENG 1
Hedin Bil The Hedin Bil brand operates through si
x subsidiaries, which operate in Sweden and sell 27 car brands: • Hedin Göteborg Bil AB • Hedin Helsingborg Bil AB • Hedin Mölndal Bil AB (Ford) • Hedin Stockholm Bil AB • Hedin Örebro Bil AB • KC Motors AB (Kia) Bavaria The Bavaria brand operates through eight subsidiaries, which operate in Sweden and Norway and sell BMW and MINI. The company Bavaria Norge AS has been merged with the parent company Hedin Automotive AS during the year. The Bavaria Group in Norway includes seven subsidiaries. Hedin Performance Cars The Hedin Performance Cars brand, which operates in both Sweden and Norway sells Porsche. In Sweden, the brand is operated through the subsidiary Hedin Performance Cars AB and in Norway the brand is operated through the subsidiaries Porsche Center Stavanger AS and Porsche Center Son AS. Hedin Automotive The Hedin Automotive Belgium brand operates through a group of companies, which operates in Belgium and sells Mercedes-Benz and Smart. Car Store The Car Store brand is run through the subsidiary Car Store Sweden AB, which operates in Sweden and is a concept that was introduced at the end of the year, selling used vehicles. GS Bildeler The GS Bildeler brand is operated through a subsidiary of Hedin Automotive Norge AS (which is a subsidiary of I.A. Hedin Bil AB). Operationally, three more companies are also operated: • Gule og Skrivarhaug Bildeler AS (Norway) • EBC Brakes Norge AS (Norway) • Conlogo AS (Norway) • KOED A/S (Denmark) I.A. Hedin Bil AB is 91% owned by Hedin Group AB and 9% by Ingemar Hedin. The Group's head office is located in Mölndal. Hedin Bil is represented with 30 car brands in more than 100 locations in Sweden, Norway and Belgium. See the full list on page 38. I.A. HEDIN BIL AB / ÅRSREDOVISNING / 2020 I.A. HEDIN BIL AB / ANNUAL REPORT / 2020 15 01. YEAR IN BREIF