Additional information regarding Opus Group's establishment in Córdoba, Argentina
On February 20, 2017 Opus Group published information that the company will acquire three vehicle inspection concessions in Córdoba, Argentina, under an asset purchase agreement with Inspecentro, a Portuguese vehicle inspection company. On March 3, 2017, Opus Group published further information confirming that the company’s Argentine subsidiary Opus Inspection SA has completed the acquisition of three vehicle inspection concessions in Córdoba, Argentina. Argentina is a new market for Opus with opportunities for growth. The investment in connection with the acquisition of the business represents less than three percent of Opus Group’s market capitalization. Hence, the investment is considered insignificant.
Mölndal, March 7, 2017
Opus Group AB (publ)
For additional information, please contact
President and CEO
Phone: 46 31 748 34 00
Phone: 46 765 25 84 93
Opus Group is a leading innovative technology focused growth company in the vehicle inspection market. The company has a strong focus on customer service and innovative technology within IT, emission testing and vehicle communication. The Group had SEK 1,697 million in revenues in 2016 with strong operating cash flow and good operating profitability. With over 1,600 employees, Opus Group is headquartered in Mölndal in the Gothenburg region of Sweden and has 25 regional offices, 20 in the United States and the others in Stockholm, Peru, Chile, Mexico and Pakistan. Opus Group has production facilities in the U.S. in Hartford and Ann Arbor. The Opus Group share is listed on Nasdaq Stockholm.