Bilia — M&A Activity 2011

Nov 9, 2011

Continued expansion within the Service Business

Bilia has acquired the remaining shares in a part-owned auto paint shop in Västerås. The business has an annual turnover of about SEK 9 million and 9 employees. The date of possession was 1 October and the purchase consideration for the remaining shares, 50 per cent, amounted to SEK 3.7 million.

Bilia's existing facility in Kungsbacka, to which a BMW showroom was recently added, will be expanded with space for body repairs and service for BMW and space for tyre storage. The investment is estimated at about SEK 16 million, of which the property owner will finance about SEK 13 million. The addition is scheduled to be completed in June of 2012, and annual turnover is expected to increase by about SEK 12 million.

Bilia recently took over the operation of an auto paint shop housed in Bilia's facility in Nacka. The paint shop has an annual turnover of about SEK 10 million and employs 5 painters.

Gothenburg, 9 November 2011

Bilia AB (publ)

For further information, please contact Per Avander, Managing Director and CEO, or Gunnar Blomkvist, CFO, Bilia AB, tel. +46 31 709 55 00.

The above information is disclosed in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 9 November 2011 at 2:00 p.m.