Hedin Bil has entered an agreement to acquire another two Mercedes-Benz dealerships in Belgium
Once the deal has been finalized, Hedin Bil will be present at 14 locations in Belgium. The transaction is conditional upon approval of the Belgian Competition Authorities.Gothenburg, August 23, 2018 I.A. Hedin Bil has through its subsidiary, Hedin Belgien Bil AB, entered an agreement to acquire J-Automotive BVBA. The deal includes two full-service dealerships for Mercedes-Benz. Both dealerships operate under the brand Jacobs and are situated between Ghent and Antwerp, one in Lokeren and one in Sint-Niklaas. In 2017, the turnover was in the region of 100 million Euros and the business