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Bilia M&A Activity 2014

Dec 8, 2014

2892_rns_2014-12-08_df49f848-9913-4ea8-a874-6fbaedc8877a.pdf

M&A Activity

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Press release

Bilia sells dealership in Stavanger, Oslo

An agreement has been reached today with Kverneland Bil AS on the sale of Bilia's dealerships for Volvo and Ford in Stavanger. The deal is conditional on approval by the Swedish Competition Authority and the date of possession will be 1 January 2015. The deal will have the following estimated effects on the Bilia Group:

  • The purchase consideration amounts to approximately SEK 70 M. $\bullet$
  • Capital employed will be reduced by around SEK 40 M and the net borrowings will fall by about SEK 44 M.
  • The sale profit before tax is estimated to around SEK 4 M.
  • The turnover will be reduced by around SEK 290 M. $\bullet$
  • The profit per share is marginally affected.

Gothenburg, 8 December 2014

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 published on 8 December 2014, at 13:00.

Allt som rör bilen. Och lite till.

Bilia AB Box 9003 SE-400 91 Göteborg www.bilia.com

Publikt bolag (publ) Org. nr. 556112-5690 Public Company (publ) EU VAT No. SE556112569001

Besöksadress/Visiting address Norra långebergsgatan 3 Tel. +46 (0)31 709 55 00 Fax +46 (0)31 709 55 50