Announced
Financials
Sources
Tags
Private
Cross Border
Pending
Friendly
Majority
Sweden
Trucking
Single Bidder
Acquisition
truck import
Synopsis
Veho, an importer and reseller of Mercedes-Benz, agreed to acquire the Sweden truck import business of Mercedes-Benz, a luxury automotive brand. Financial terms were not disclosed. “We are extremely pleased that our long and successful partnership with Daimler Truck is deepening. The deal announced today is yet another concrete indication that Daimler sees Veho as a strategic partner in Finland, Sweden and the Baltic countries. In close cooperation with Daimler Truck, we create reliable, smooth and efficient services for our customers, attractive career paths for our staff and growth opportunities for our partners. Our goal is to create added value for our customers and anticipate their needs by utilizing the best practices and operating methods in all of our operating areas, ” Juha Ruotsalainen, Veho President and CEO.
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