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It has been almost a year since we took over the operations in Belgium through our new brand Hedin Automotive. We have performed well over expectation for the first year and therefore we have continued to look for opportunities in Belgium to continue our growth.
Anders Hedin, CEO Anders Hedin Invest AB
Earlier this year, we successfully took over the operations of seven Mercedes-Benz dealerships in Ghent and yesterday we acquired another five dealerships around Antwerp. The acquisition of Jacobs complements our existing business in a strategic way and I look forward to further expand our offer on the Belgian market
Anders Hedin
In April, we successfully took over the operations of seven Mercedes-Benz dealerships in Ghent. At the same time, we entered an agreement to acquire five dealerships around Antwerp. I am very happy to announce that the deal was carried through as planned and we are therefore taking the next steps into a very interesting market.
Anders Hedin
-We want to welcome Ivars Bil in Östersund to our growing family. This acquisition is fully aligned with our plans to invest heavily in the northern parts of Sweden. The dealership in Östersund has been exemplary driven and built up. We look forward continuing this work and find the full potential and synergies going forward.
Johan Frisk, CEO of Bavaria Bil Sverige
-Towards our employees and customers, it feels good to announce this deal with such a big and serious player as Hedin Bil. A prerequisite for us was always that the new owner shares our values, visons and goals, and I believe we have achieved this. I am firmly convinced that opportunities and added value will grow out of this deal.
Jörgen Ericsson, Partner Ivars Bil AB
I am very proud and happy of this fantastic business deal proves that Hedin Bil, besides passenger cars and transport vehicles, also is a serious contender to count on when it comes to heavy trucks. I believe we will notice a strong growth within this segment over the next couple of years.
Anders Hedin, CEO Anders Hedin Invest
Thanks to Hedin Bil’s great presentation, hard work and flexibility along with the proven high quality and low operating costs of the Mercedes-Benz trucks we are very happy of this business deal
Henrik Holm, CEO GDL
This has been a very complex deal, but thanks to innovative thinking and a good cooperation with the Key Account Manager department at Mercedes-Benz we were able to close our biggest deal ever. Now we look forward presenting similar deals to more customers and to increase Mercedes-Benz’s market shares in Sweden.
Björn Janström, Brand Manager Mercedes-Benz at Hedin Bil
We are very happy to acquire Englunds Bil, which has for a very long time, delivered both good results and happy customers. The acquisition is also aligned with our strategy of growing business in the north parts of Sweden and will lead to increased synergies within our company
Johan Frisk, CEO Bavaria Bil
Englunds Bil is, just like Hedin Bil, a family-owned business with a long tradition of selling cars and fulfilling customer's needs.
Andera Hedin, CEO and owner Anders Hedin Invest AB
I am very happy that we have been given the possibility to acquire Motorcentralen i Eskilstuna and to increase our Ford business within our Group.
Anders Hedin
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Complementary to press release ” I.A. Hedin Bil AB interim report Q3 2020 ”

Complementary: This press release is a complementary to the press release “I.A. Hedin Bil AB interim report Q3 2020” published 2020-10-30 kl. 10.00. The PDF generated press release was attached two times. In this update the interim report as a PDF is attached. Please find the prior press release below:I.A. Hedin Bil AB interim report Q3 2020 Hedin Bil delivers a strong quarter with focus on cost savings and liquidity. Gothenburg, 30th of October 2020 Operating profit during the third quarter was 240 MSEK, which was an improvement of 131 percent compared to last year’s third quarter.

I.A. Hedin Bil AB interim report Q3 2020

Hedin Bil delivers a strong quarter with focus on cost savings and liquidity.Gothenburg, 30th of October 2020 Operating profit during the second quarter was 240 MSEK, which was an improvement of 131 percent compared to last year’s third quarter. Net sales in comparable units increased by 21 percent compared to the same period last year. The operations in Sweden and Norway improved both operating profit and operating margin. The Belgian operations returned to show a profit after second quarter’s loss. New car sales increased by 2 percent in comparable units and the gross margin

I.A. Hedin Bil AB interim report Q2 2020

Hedin Bil delivers a strong quarter with focus on cost savings and liquidity.Gothenburg, 14th of August 2020 Operating profit during the second quarter was 108 MSEK, which was an improvement of 137 percent compared to last year’s second quarter. Net sales in comparable units decreased by 3 percent compared to the same period last year. The operations in Hedin Bil and Bavaria, the latter also including the Norwegian business, improved both operating profit and operating margin. The Belgian operations showed a loss due to the temporary close down of the Belgian market, while still

I.A. Hedin Bil AB interim report Q1 2020

Higher profit margins during the first quarter compared to the first quarter 2019 is the effect of efficiency improvements and digitalization of customer offerings and internal processes.Gothenburg, 8th of May 2020 The new year came to a convincing start and the investments we have done in the past years in efficiency programs and digitalization continued to pay off. With the introduction of new emission regulations starting in 2020, it will be the year of a shift in focus to alternative drivetrains in the EU to avoid substantial penalties. This creates possibilities in the sales of both

I.A. Hedin Bil AB has published its annual report 2019

Today I.A. Hedin Bil AB published its annual report for 2019. The annual report contains a company review, audited financial statements and the administration report.Gothenburg, April 30, 2020 Hedin Bil’s Annual Report is to be found on our website www.hedinbil.se.If you wish to receive a hard copy o the report, please contact karin.magnusson@hedinbil.se. I.A. Hedin Bil AB (publ) For further information: CEO: Anders Hedin, anders.hedin@hedinbil.se, Phone +46 (0)31-790 00 00 Media: press@hedinbil.se

BYTON, the Premium Manufacturer of Intelligent Electric Cars, chooses Hedin Automotive as Strategic Retail & Aftersales Partner for Norway and Sweden

BYTON today announced further details around the upcoming market launch in Europe in a press conference. The premium manufacturer of intelligent electric cars confirms Hedin Automotive as Strategic Retail & Aftersales Partner in Norway and Sweden. BYTON is targeted to enter the first European markets with the M-Byte in the second half of 2021.Gothenburg, March 2, 2020 Market Rollout Plans for EuropeThe M-Byte is targeted to enter in the first European markets by the end of 2021. Based on vehicle reservations the M-Byte will roll-out in several waves in all European countries.

I.A. Hedin Bil AB interim report Q4 2019 - Year end report

Higher profit margins during the fourth quarter compared to the fourth quarter 2018 is the effect of stronger achievements in all business areas.Gothenburg, 28th of February 2020   The impact of changes in drivetrains and emission and tax regulations continues to affect our markets. In Sweden, the number of new vehicle registrations increased, primarily driven by a change in the calculation of vehicle tax starting 2020, with a considerable increase in cost for a large portion of the new vehicles traded in the market. In Norway, number of new registrations decreased in the fourth quarter,

Hedin and Stern in discussions on merging their respective automotive operations

Anders Hedin Invest AB and Stern Groep N.V., the Dutch listed automotive group, are in exclusive discussions on merging their respective automotive operations, including I.A. Hedin Bil AB (publ). The combination of Hedin and Stern will have strong complementarity in terms of geographic focus and brands. In addition, the combined group will be very well positioned to play a leading role in the expected ongoing consolidation of automotive retailers in the Eurozone.Gothenburg, January 30th, 2020  The automotive industry faces numerous trends and developments which will eventually have

I.A. Hedin Bil AB interim report Q3 2019

New car sales saw an overall positive development during the third quarter after a slow down during spring. Profit margins from sales of used cars continued to improve and aftermarket services improved during the third quarter.Gothenburg, 11th of November 2019   The market for new car registrations in Sweden recovered substantially in the third quarter compared to last year. Quarterly comparisons are made difficult because of changes in the regulatory landscape, especially with the introduction of Bonus Malus in the Swedish market. Up until and including the third quarter this year, the

Hedin Belgien Bil AB has acquired one Mercedes-Benz dealership in Flanders, Belgium

Hedin Belgien Bil AB has completed the acquisition of Rudi Vertommen NV, an authorized dealer of Mercedes-Benz passenger cars and vans. Hedin Bil, under the brand Hedin Automotive, now has 15 dealerships in Belgium.Gothenburg, 16 September 2019  I.A. Hedin Bil, through the subsidiary Hedin Belgien Bil AB, has acquired Rudi Vertommen NV. The deal includes a Mercedes-Benz new and used passenger cars and vans dealership, marketed under the brand Vertommen. The dealership is located northeast of Brussels.- Starting spring 2018, we have acquired authorized Mercedes-Benz dealerships in the

I.A. Hedin Bils interim report Q2

Reduced new car volumes had a negative effect on the profitability, while the used car market continued to develop positively.The second quarter saw a decrease in new car sales, while Hedin Bil continued to increase market shares. Sales of used cars showed a positive development. Aftermarket services increased while margins decreased due to investments.It is particularly pleasing that we launched the Hedin Auction website during the second quarter, which isanother example of our broadened digital offer. Hedin Auction is initially an auction site targeted at dealers for vehicles that

Hedin Belgien Bil AB acquires Rudi Vertommen NV.

Gothenburg, August 22nd 2019 I.A. Hedin Bil AB has through its subsidiary, Hedin Belgien Bil AB, entered an agreement to acquire Rudi Vertommen NV. The deal includes a full-service dealership for PC and LCV Mercedes-Benz. The dealership operates under the brand Vertommen and is situated in Boortmeerbeek.- In 2018, Hedin Bil successfully took over the operations of 12 Mercedes-Benz dealerships in and around Ghent and Antwerp. The acquisition of Rudi Vertommen NV. complements our existing business in a strategic way and I look forward to further expand our offer in the Belgian market”,

Hedin Belgien Bil AB has acquired two Mercedes-Benz dealerships in Flandern, Belgium

After approval from the Belgian Competition Authorities, the acquisition of two Mercedes-Benz dealerships in Sint-Niklaas and Lokeern was finalized. This means that Hedin Bil, through the brand Hedin Automotive, is present at fourteen locations in Belgium.Gothenburg, 21st, August 2019  In August 2018, it was announced that I.A. Hedin Bil AB had through its subsidiary, Hedin Belgien Bil AB, entered into 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

Hedin Bil has entered into an agreement to acquire a further three BMW dealerships in Norway

I.A. Hedin Bil has through its subsidiary, Bavaria Norway, entered into an agreement with Brages Holding for the purchase of three additional BMW and the MINI dealerships in Norway.Mölndal, Friday the 7th of June 2019 - The acquisition of Brages is fully in line with our strategy and ambition for growth. Our tremendous respect for Brages achievements, customer-centric culture and sound values make for a great match with Bavaria. I am convinced that customers will benefit from the consolidation of two strong partners, and we will do our outmost to continue to deliver great customer

I.A. Hedin Bils interim report Q1

An impressive start of 2019 with strong growth and improved profitability.During the first quarter, we increased sales in all our segments while improving the margins. New car sales showed a positive development and we continued to increase our market shares. After market services experienced a similar development with improved sales and profit. The increase in profit is also a product of targeted saving programs and increased efficiency that is now coming into effect.I am pleased that we now have three strong home markets, where we offer well established products and services through

I.A. Hedin Bil has published its annual report and sustainability report

Gothenburg April 15, 2019 I.A. Hedin Bil has published its annual report for 2018. The annual report contains a company overview, audited financial statements and the administration report. I.A. Hedin Bil has also published its sustainability report for 2018 in Swedish.Anders Hedin, Owner and CEO, says:“2018 was another eventful year for us as a group. During the year, we inaugurated and re-opened a total of seven dealerships. We opened in eleven new locations, acquired 14 new dealerships and established ourselves in a new market, Belgium. With this, we passed a milestone when we mid-

Hedin Bil continues to grow in Belgium

Today Hedin Bil took over the operations of Star Repair, a small body and paint shop in Lier, Belgium.Gothenburg, Feb 18th, 2019. I.A. Hedin Bil AB, through its Belgian brand Hedin Automotive continues to grow in Belgium. Today   the company has taken over the operations of body and paint shop Star Repair in Lier. The small shop is located close by Hedin Automotive’s existing dealership in Lier.­– It has been almost a year since we took over the operations in Belgium through our new brand Hedin Automotive. We have performed well over expectation for the first year and therefore we have

Hedin Bil has published its third quarter results for 2018

Gothenburg November 2, 2018 Anders Hedin, Owner and CEO:“Our expansion into the Belgian market continued in the third quarter with the acquisition of five Mercedes-Benz passenger car sales and aftermarket service dealerships around Antwerp from Andries NV. We also agreed to acquire two large Mercedes-Benz passenger car, commercial vehicles and truck dealerships strategically located between Ghent and Antwerp. Completion of the transaction is conditioned upon the approval from the Belgian competition authorities. We are already now the largest Mercedes-Benz dealer in Belgium, with a

Hedin Bil’s interim report second quarter 2018

I.A. Hedin Bil AB has published its consolidated results for the second quarter 2018.Gothenburg, Aug 29, 2018 The interim report for the second quarter is available in Swedish on www.hedinbil.se.I.A. Hedin Bil AB (publ)The information in this press release is information which I.A. Hedin Bil AB is required to disclose under the EU Market Abuse Regulation (EU) No 596/2014. The information was provided by the contact person for publication on 29 Aug 2018 at 13:00 CET.

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

I.A. Hedin Bil has closed the deal to acquire five additional Mercedes-Benz dealerships in Belgium

After approval from the Belgian Competition Authorities, the acquisition of five Mercedes-Benz dealerships around Antwerp was finalized. This means that Hedin Bil, through the brand Hedin Automotive, is present at twelve locations in Belgium.Gothenburg, August 22, 2018 In the beginning of April 2018, it was announced that I.A. Hedin Bil had through its subsidiary, Hedin Belgien Bil AB, entered an agreement with the Belgian company Andries NV to acquire its subsidiaries Eddy Joosen NV, Garage A. Swinnen BVBA, Garage Euromotors NV and Garage Vriesdonk NV.The transaction, which was

Hedin Bil opens up a new Ford dealership in Nacka, Sweden

Expected to open in October and to generate approximately 20 new positions within the company.Hedin Bil is today Sweden’s largest Ford retailer. With the new dealership, Hedin Bil will have in total seven single-brand dealerships dedicated to Ford. The new dealership in Nacka will open up where Peugeot used to have their dealership, close to Nacka Forum. The venue is approximately 3600 square meters and has a 1100 square meter large parking space in conjunction to the dealership. The new dealership will offer Ford’s full range of vehicles, along with a used-car center where many other

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