Extension to Relais Group Plc’s Facilities agreement
Relais Group Plc, Stock Exchange Release
24 February 2023 at 1.30 p.m. EET
Relais Group Plc has agreed on extension of its Facilities Agreement originally concluded in 2019 and last amended in March 2022 with its main bank. The maturity of the agreement has been extended by one year until 31 May 2025. The previous maturity date of the Facilities Agreement was 31 May 2024.
Except for certain amended specifications and definitions related to Relais Group Plc’s IFRS transition announced on 25 October 2022, the key terms of the Amended and Restated Facilities Agreement remain mainly unchanged.
Relais Group Plc
Board of Directors
Further information:
Arni Ekholm, CEO
Phone: +358 40 760 3323
E-mail: arni.ekholm@relais.fi
Relais Group
Relais Group is a leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We have a sector focus in vehicle life cycle enhancement and related services. We also serve as a growth platform for the companies we own.
We are a profitable company seeking strong growth. We carry out targeted acquisitions in line with our growth strategy and want to be an active player in the consolidation of the aftermarket in our area of operation. Our acquisitions are targeted at companies having a good strategic fit with our group companies.
Our net sales in 2021 was EUR 237.8 (2020: 128.9) million. During 2021, we completed a total of six acquisitions. We employ approximately 1,000 professionals in six different countries. The Relais Group share is listed on the Main Market of Nasdaq Helsinki with the stock symbol RELAIS.