Relais Group Plc
Press Release 16 December 2021 at 15:10 EET

TD Tunga Delar Sverige AB ("Tunga Delar"), a group company within Relais Group Plc ("Relais") has today acquired all shares in the Swedish company Trucknik Reservdelar AB ("Trucknik").  

Trucknik Reservdelar AB is a wholesaler of spare parts and accessories specialized in heavy commercial vehicles. The company was established in 2013 and has its sales office and warehouse in Skellefteå, Sweden. Trucknik has 10 employees and a turnover of approximately 2,5 MEUR with good profitability.

"Trucknik complements our already strong position within the Swedish heavy commercial vehicle aftermarket in an excellent way. Together with our existing group companies TD Tunga Delar AB and Huzells i Karlstad AB we are well positioned to continue our journey to become the biggest independent aftermarket operator in this sector in Sweden. This acquisition enables us to serve our customers even better especially in the rapidly growing market in northern Sweden", says Carl Byberg, Managing Director of Tunga Delar and Huzells.

"We are very much looking forward to become members of the Relais Group family. We can now offer a much more extensive and competitive set of products and services to our customers. Joining forces with Tunga Delar and Huzells gives us excellent possibilities to continue developing our company", says Stefan Johansson, Managing Director of Trucknik.

The acquisition is not expected to have a material effect on Relais Group Plc's earnings per share during the current fiscal year. Trucknik will be reported as part of the Relais Group as of 1 December 2021.

Helsinki, 16 December 2021

Relais Group Plc

Further information:
Relais Group, CEO Arni Ekholm
tel. +358 40 760 3323
Email: arni.ekholm@relais.fi

Certified advisor:
Evli Bank Plc, tel. +358 40 579 6210

Distribution:
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www.relais.fi

Relais Group

Relais Group is the leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We are an industrial operator with a sector focus in vehicle life cycle enhancement and related services. We also serve as a growth platform for the companies we own.

We are a profitable company seeking strong growth. We carry out targeted acquisitions in line with our growth strategy and want to be an active player in the consolidation of the aftermarket in our area of operation. Our acquisitions are targeted at companies having a good strategic fit with our group companies.

Our net sales in 2020 was EUR 128.9 (2019: 98.9) million and we employed almost 300 professionals in six different countries. During 2021, we have already completed five acquisitions. The combined net sales of the acquired companies total to approximately EUR 114,5 million. Following the acquisitions, we employ approximately one thousand professionals. Our share is listed on Nasdaq Helsinki Ltd's Nasdaq First North Growth Market Finland with the stock symbol RELAIS.

www.relais.fi

https://news.cision.com/relais-group-oyj/r/relais-group-acquires-trucknik-reservdelar-ab-in-sweden,c3473216

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