Volvo Car Stor-Oslo to acquire Økern, Fornebu and Lillestrøm facilities of Bilia.

Volvo Car Stor-Oslo, a Volvo flagship store, agreed to acquire Økern, Fornebu and Lillestrøm facilities of Bilia, a Europe car dealer. Financial terms were not disclosed. The three facilities are located in Økern, Fornebu and Lillestrøm and conduct sales of new cars, used cars and service for Volvo cars. The sale is expected to take place on 1 July 2022. The transfer is subject to approval by the Norwegian competition authority.