Bilia — M&A Activity 2016

Mar 16, 2016

Press release

Bilia is negotiating an acquisition in Belgium

Bilia is conducting negotiations to acquire a BMW dealer in Belgium, Philippe Emond, located near the border with Luxembourg. Philippe Emond has an annual turnover of about SEK 730 M and has reported an average operating profit of SEK 22 M during the past two years. Bilia has formed a company in Luxembourg, Bilia Holding, that will acquire Arnold Kontz's BMW and MINI operation in Luxembourg, date of possession 1 April 2016. Bilia is negotiating to acquire Philippe Emond, and the purchase consideration will be paid with shares in Bilia Holding. Bilia will own about 66 per cent, and the seller of Philippe Emond about 34 per cent, of the shares in Bilia Holding. If the deal goes through, the agreement will include an option for Bilia to purchase the seller's shares in Bilia Holding after a five-year period. This deal would increase Bilia's presence around Luxembourg and create opportunities for synergies.

We have chosen to disclose information on the planned deal due to rumours circulating in Belgium and Luxembourg; further information will be provided if the deal is concluded.

Gothenburg, 16 March 2016

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 16 March 2016, at 08:30.

Allt som rör bilen. Och lite till.

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

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