Bilia AB Acquires Volvo Trucks Operations in Strategic Expansion

An update from Bilia AB Class A ( ($SE:BILI.A) ) is now available.

Bilia AB has agreed to acquire BRK Lastvagnar Holding AB, which includes Tage Rejmes Lastvagnar AB and Tage Rejmes i Örebro Lastvagnar AB, focusing on Volvo Trucks sales and services in central Sweden. This strategic acquisition, expected to finalize on July 1, 2025, will be financed through property sales and aligns with Bilia’s ongoing divestment of Mercedes Trucks operations, enhancing its collaboration with Volvo Trucks and reinforcing its market position in Sweden.

The most recent analyst rating on ($SE:BILI.A) stock is a Buy with a SEK160.00 price target. To see the full list of analyst forecasts on Bilia AB Class A stock, see the SE:BILI.A Stock Forecast page.

More about Bilia AB Class A

Bilia is one of Europe’s largest full-service suppliers for car ownership, with a strong presence in servicing and sales of cars, transport vehicles, and trucks. The company offers a wide range of services including repair, fuel, car wash, rental cars, and more, operating around 170 facilities across Sweden, Norway, Luxembourg, and Belgium.

Average Trading Volume: 70,827

Current Market Cap: SEK11.59B

See more data about BILI.A stock on TipRanks’ Stock Analysis page.