Opus Group AB (publ) repays vendor note from AB Svensk Bilprovning
Today, Opus Group repaid the vendor that the company received from AB Svensk Bilprovning in connection with Opus Group’s acquisition of Besiktningskluster 1 AB (today Opus Bilprovning AB) in November 2012. On October 17, 2013, the vendor note amounted to SEK 171,503,404 including accrued interest. The vendor note was repaid in full.
”I am grateful that we can repay the vendor note from AB Svensk Bilprovning already within one year after the acquisition. The vendor note had a maturity of five years, but thanks to the very positive response Opus Group received in connection with the corporate bond issue of SEK 200 million that Opus Group placed last week, we can now repay the vendor note. Opus Group continues to perform well and our subsidiary Opus Bilprovning is constantly working with increasing accessibility, service offerings and service to the customers in the Swedish vehicle inspection market”, says Magnus Greko, CEO of Opus Group AB.
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 company in vehicle inspection technology and vehicle inspection program operations. The Group has two main business areas which consist of vehicle inspection and equipment. Opus Group is one of the market leaders in vehicle inspection operations in the US and Sweden. Opus Bilprovning has 71 vehicle inspection stations in Sweden. Opus Inspection operates vehicle inspection programs in the U.S., Bermuda and Peru and is active in sales and service of emission control equipment in North America and Mexico. Through the subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts production, sales and service of vehicle inspection equipment for vehicle inspection companies and vehicle workshops. Opus Groups revenues amounted to approx. SEK 469 million in 2012. Opus Group’s shares are listed on Nasdaq OMX Stockholm.
FFFS 2007:17 (10 kap 11§) (SFSA rules) - the information is price sensitive and must therefore be disclosed under the Securities Market Act (2077:528).