Gjensidige to acquire a 33% stake in MyCar Group.

Gjensidige, an operator in the general insurance market, agreed to acquire a 33% stake in MyCar Group, an operator of an independent used car dealership, from Kverneland Mobility and Frydenbø Bil. Financial terms were not disclosed. "This gives us the opportunity to explore new concepts for customer offerings," Daniel Frøyland, Gjensidige CEO.