Agreements entered into regarding the sale of one facility for Volvo and Renault in Uppsala, Sweden

Bilia has, as part of the agreement with Volvo Cars dated 1 October 2021,
entered into an agreement to sell one facility in Uppsala in Sweden to Bilbolaget Invest Sundsvall AB.

The facility conducts sales of new cars, used cars and service for Volvo and Renault.

The sale is expected to take place on 1 July 2022. The transfer is subject to approval by the Swedish competition authority.

Gothenburg, December 13, 2021

Bilia AB (publ)

For information please contact:
Per Avander, Managing Director and CEO, +46 (0)10 497 70 00, per.avander@bilia.se 
Kristina Franzén, CFO, +46 (0)10 497 73 40, kristina.franzen@bilia.se

Facts about the Bilia Group

Bilia is one of Europe’s largest car dealers with a leading position within service and sales of cars, transport vehicles and trucks. Bilia has about 160 facilities in Sweden, Norway, Germany, Luxembourg and Belgium. Bilia sells cars of the brand Volvo, BMW, Toyota, Mercedes, Renault, Lexus, MINI, Porsche, Nissan, Dacia, Smart and Alpine and transport vehicles of the brand Renault, Toyota, Mercedes, Nissan and Dacia and trucks of the brand Mercedes.