I.A. Hedin Bil Aktiebolag (publ) agreed to acquire Sternfacilitair B.V. from Stern Groep N.V. (ENXTAM:STRN) for €103 million on December 9, 2021. I.A. Hedin Bil Aktiebolag (publ) signed a share purchase agreement to acquire Sternfacilitair B.V. from Stern Groep N.V. on January 10, 2022. The cash consideration to be paid by Hedin Mobility Group amounts to €83 million, allowing Stern to pay a super dividend of €14.50 per share. The transaction is subject to eventual regulatory approval and approval by the shareholders in Stern at an Extraordinary General Meeting on February 23, 2022. The transaction is approved by the Board of Stern Groep. The transaction is expected to complete before the end of December 2021. Pim van der Velden, Bart de Klerk and Jeroen Beets of ING acted financial adviser to Stern Groep.

Hedin Mobility Group AB completed the acquisition of Sternfacilitair B.V. from Stern Groep N.V. (ENXTAM:STRN) on March 16, 2022.