Anders Hedin Invest AB acquires KW Parts

2014-04-02

Anders Hedin Invest AB acquires 100% stake in Klintberg & Way AB from MetroAuto Group Oy in Finland. The acquisition means that the Hedin Group expands its operations and enters into wholesale for spare parts.

The acquisition applies to Klintberg & Way AB, as well as subsidiaries, KW Parts NV in Belgium and Klintberg & Way AS in Norway.

"KW Parts is a well-run business with great potential which gives us additional scope, and fits well with our strategy," says Anders Hedin CEO / owner Anders Hedin Invest AB"

"For KW, this is a positive acquisition.  A strong owner will help strengthen our development plans so that we can continue to grow both in Sweden and in Europe,” says Owe Sjölund, CEO, KW Parts.

 

KW Parts will continue as a fully owned subsidiary of Anders Hedin Invest AB

 

   

Anders Hedin Invest AB

   

 

I.A. Hedin Bil AB

         KW Parts (Klintberg & Way)

      Hedin Fastighet AB

Göteborg (18 sites)

Belgium

   

Helsingborg (13 sites)

Norway

   

Stockholm (4 sites)

     

 

For further information

Please contact

 

Anders Hedin

CEO Anders Hedin Invest AB

Tel +46 31 790 01 01

anders.hedin@hedinbil.se

 

Owe Sjölund

CEO KW Parts

Phone +46 8 6808801 

owe.sjolund@kwparts.com

 


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