Relais Group Plc acquires Swedish Strands Group AB and significantly strengthens its lighting business
Relais Group Plc acquires Swedish Strands Group AB and significantly strengthens its lighting business Relais Group Plc, Inside Information 14.12.2020 at 9.30 Relais Group Plc (“Company”, “Relais”), one of the leading players in the Nordic automotive aftermarket, has signed an agreement (“Purchase Agreement”) on the acquisition of the entire share capital of the Swedish company Strands Group AB (“Strands”) (“Corporate Acquisition”). The closing of the Corporate Acquisition is estimated to take place on 5 January 2021, provided that certain customary conditions for the closing of the