Bilia to acquire Upplands Motor Stockholm.

Bilia, one of Europe's largest car dealership chains, agreed to acquire Upplands Motor Stockholm, a Mercedes dealer for cars, transport vehicles and trucks. Financial terms were not disclosed. "I’m very happy and proud that Bilia in the future will work with Mercedes, which will be an excellent addition to Bilia’s current car brand portfolio. Through the acquisition, we are also adding a new and interesting business area to Bilia in the form of heavy trucks, in which Mercedes is one of Europe’s largest and most successful players," Per Avander, Bilia CEO.