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Deal announcement

ABG Sundal Collier acted as advisor to Miklagruppen and the selling shareholders (families Øgreid and Ertvaag) in the sale of Miklagruppen to Anders Hedin Invest

ABG Sundal Collier acted as advisor to Miklagruppen and the selling shareholders (families Øgreid and Ertvaag) in the sale of Miklagruppen to Anders Hedin Invest

Anders Hedin Invest yesterday announced the acquisition of Miklagruppen from Verket Investering and Camar (owned by families Øgreid and Ertvaag respectively). ABG Sundal Collier advised Miklagruppen and the selling shareholders on the transaction.

Through the acquisition Hedin Bil (subsidiary of Anders Hedin Invest) will become one of Europe’s largest car dealers. According to an official statement, the combined group will in 2018 sell approximately 75,000 cars across 30 brands, representing revenues of SEK 21,000m