Announced

Completed

MOBICORE completed the acquisition of Sonama.

Synopsis

MOBICORE, a distributor of Volvo and Polestar brands, completed the acquisition of Sonama, a Volvo dealer. Financial terms were not disclosed. "The acquisition of Sonama fits perfectly into our growth strategy and the strengthening of our presence on the Belgian and Luxembourg markets. With this integration, we not only want to develop the Volvo and Polestar brands, but also and above all to offer a quality service to a greater number of customers, while strengthening the presence of our Mobicore Automobile Group and its values," Vincent Fonzé, MOBICORE shareholder.

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