Relais Group Plc: Relais group company STS Sydhamnens Trailer Service expands in Sweden

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Relais Group Plc
Press Release 16 November 2023 10.00 a.m. EET

Relais Group Plc group company STS Sydhamnens Trailer Service expands its operation by opening a new workshop in Eskilstuna, Sweden. STS is one of the largest nationwide independent commercial vehicle repair and maintenance chains in Scandinavia, celebrating its 30th anniversary in 2023. Following the opening of Eskilstuna workshop, STS has 14 workshops from Malmö in the south to Luleå in the north and provides a comprehensive range of services for heavy trucks and trailers.

STS' Managing Director Stefan Klingberg: "Eskilstuna is a key location from a logistical point-of-view. Now that we are opening a new modern workshop in such an important location, we will be able to serve our customers even better than before. Opening a new workshop is a big team effort so I would like to thank everyone involved.”

Relais Group CEO Arni Ekholm: "I am really happy to see that STS continues to grow. Our group company Raskone’s acquisition of JTC earlier this month is a good example of how our companies can grow through targeted add-on acquisitions. The opening of a new STS workshop in Eskilstuna demonstrates our ability to also grow by opening new locations in commercially attractive areas.”

Relais Group Plc

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 2022 was EUR 260.7 (2021: 237.8) million. During 2022, we completed a total of three 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.

www.relais.fi

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