Relais Group Plc strengthens its position in Sweden by acquiring the majority of shares of TD Tunga Delar Sverige AB and carries out a directed share issue
Relais Group Plc Company Release 6 February 2020 at 3.45 p.m. Inside information Relais Group Plc (”Relais”, ”Relais Group”, “Company”), an importer and technical wholesaler of spare parts and electrical equipment for vehicles, has today, on 6 February 2020, acquired 95.25% of the shares of TD Tunga Delar Sverige AB (”TD”, ”Tunga Delar”) from the company’s shareholders (“Acquisition”). Tunga Delar is a wholesaler of spare parts and equipment for heavy duty vehicles with multiple locations in Sweden. The Acquisition is in line with Relais Group’s growth strategy, and it will