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Announced

Completed

Hedin Mobility completed the acquisition of four Mercedes-Benz dealerships in Antwerp from Mercedes-Benz Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Completed

Belgium

car dealership

Automobiles

Cross Border

Private

Majority

Single Bidder

Synopsis

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Hedin Mobility, a mobility provider, completed the acquisition of four Mercedes-Benz dealerships in Antwerp from Mercedes-Benz Group, an automotive corporation. Financial terms were not disclosed. “We are glad to welcome these four dealerships and their teams to Hedin Mobility Group. This acquisition fortifies our position as the largest Mercedes-Benz retailer in the important Belgian market," Anders Hedin, Hedin Mobility Founder and CEO.

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