Hedin Mobility Group and Veho Bil have entered into an agreement, where Veho Bil will acquire the Mercedes-Benz dealership that Hedin Mobility Group has operated since 2006 in Uppsala. The dealership is operated through the wholly-owned subsidiary Hedin Helsingborg Bil AB, and represents Mercedes-Benz’ passenger cars and light commercial vehicles, as well as aftermarket services such as workshop and spare parts.
For Veho Bil, the agreement to acquire Mercedes-Benz Uppsala means that the company has taken a significant step in executing its long-term strategy and is strengthening its position in the market. The acquisition will strengthen Veho Bil’s passenger car and light commercial vehicles business in Sweden and especially its position in Uppsala, Sweden’s fourth-largest municipality.
Approximately 30 employees will transfer to Veho Bil as part of the deal, which is subject to competition authority approval. The transaction is anticipated to be finalized latest at the end of the year 2024.
Jonas Kervenhed, Managing Director of Veho Bil, states:
"This acquisition strengthens Veho Bil’s position as a key partner for Mercedes-Benz in Sweden. Even in challenging times, we continue to invest, demonstrating our belief to future potential and close collaboration with Mercedes-Benz. We are excited to welcome new colleagues to the Veho Bil family and further strengthen our capabilities to provide premium products and services to our customers."
Veho Group’s CEO, Juha Ruotsalainen, adds,
"This acquisition is a key step in achieving our strategic goals and marks an important milestone for Veho Group and Veho Bil in Sweden. As a key partner of Mercedes-Benz across Finland, Sweden, and the Baltics, we are positioned to offer unique services for customers, career opportunities for our employees, and growth for our partners.”