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Bilia — M&A Activity 2015
May 29, 2015
2892_rns_2015-05-29_b8b54b8c-835e-4beb-8ea9-e788b44d3ec3.pdf
M&A Activity
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Press release
Bilia sell operation in Denmark
Bilias has today made agreements with three different buyers to sell the operations of four facilities in Copenhagen. The agreements also include purchase of real estate, why Bilia today has made an agreement to acquire the current real estate from Corem Property Group. One facility in Nærum remains of Bilia's operation in Denmark.
The effect on the result of the above purchase and sale are in line with the earlier informed calculated total cost of SEK 150 M after tax of shutting down the entire operation in Denmark, of which SEK 102 M was charged the result in the first quarter of 2015.
Gothenburg, 29 May 2015
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 29 May 2015, at 14:00.
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)31709 55 50