Bilkompaniet i Dalarna AB entered into an agreement to acquire Four Facilities in Bergslagen in Sweden from Bilia AB (publ) (OM:BILI A) on December 7, 2021. The sale refers to the facilities in Avesta, Hedemora, Fagersta and Sala. These facilities conduct sales of new cars, used cars and service for Volvo and Renault.

The transfer is subject to approval by the Swedish competition authority. The sale is expected to take place on February 1, 2022. David Wasta of KPMG acted as financial advisor to Bilia.