Applus+ completed the acquisition of Besikta Bilprovning from Volati for $119m.

Applus+, an engineering services company, completed the acquisition of Besikta Bilprovning, a car inspection market, from private equity firm Volati for $119m. "It is pleasing to report that we have completed the sale of Besikta Bilprovning to Applus+ – a transaction that benefits both Volati and Besikta Bilprovning. Through the transaction, we realise significant value and create additional opportunities for Volati to continue to develop the company at a rapid pace, both through investments in existing operations and new acquisitions. Besikta Bilprovning, in turn, gets a leading industrial owner in Applus+ who has all the right prerequisites to help the company to develop successfully," Mårten Andersson, Volati CEO.