Relais Group Plc has completed the acquisition of the Swedish company STS Sydhamnens Trailer Service AB
Relais Group Plc, Company release 18.11.2021 at 11.20 EET
Relais Group Plc has completed the acquisition of the entire share capital of the Swedish STS Sydhamnens Trailer Service AB as announced on 14 October 2021. The company will be reported as part of the Relais Group as of 1 November 2021.
Relais Group Plc
Board of Directors
Further information:
Relais Group, CEO Arni Ekholm
tel. +358 40 760 3323
Email: arni.ekholm@relais.fi
Certified advisor:
Evli Bank Plc, tel. +358 40 579 6210
Distribution:
Nasdaq Helsinki
Key media
www.relais.fi
Relais Group
Relais Group is the leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We are an industrial operator with 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 2020 was EUR 128.9 (2019: 98.9) million and we employed almost 300 professionals in six different countries. During 2021, we have already completed four acquisitions. The combined net sales of the acquired companies total to approximately EUR 112 million. Following the acquisitions, we employ approximately one thousand professionals. Our share is listed on Nasdaq Helsinki Ltd's Nasdaq First North Growth Market Finland with the stock symbol RELAIS.