Opus Group closes acquisition in Córdoba, Argentina

On March 2, 2017, Opus’ Argentinian subsidiary, Opus Inspection SA, completed the acquisition of three vehicle inspection concessions in Córdoba, Argentina.  Opus began operating the three vehicle inspection stations in Córdoba on March 1, 2017.

Opus acquired the concessions under an asset purchase agreement with Inspecentro, a Portuguese vehicle inspection company. A purchase price is not disclosed at this time due to competitive reasons.

Mölndal, March 3, 2017
Opus Group AB (publ)

For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se

Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se

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.