Hedin Mobility Group completed the acquisition of Orio from the government of Sweden for $51m.

Hedin Mobility Group, one of the largest privately-owned automotive retailers in Europe, completed the acquisition of Orio, the exclusive global supplier of Saab Original spare parts, from the government of Sweden, for $51m. "With Hedin Mobility Group, Orio gains a strong owner who understands the business and values Orio's competence and know-how in both spare parts and logistics operations. The deal means that the supply of spare parts to Saab owners worldwide can be secured for the foreseeable future. At the same time, the logistics operations can continue to develop," Gustaf Ljunggren, Orio CEO.