Byberg & Nordin completed the acquisition of Karingotrafiken.

Byberg & Nordin, a long-established, family-owned Swedish company that provides public and private transportation services, completed the acquisition of Karingotrafiken, a Swedish transportation and logistics company. Financial terms were not disclosed. "It is, of course, a big step for us to sell the company that has been a big part of our lives for a very long time, but in order for the company to be able to develop, other financial resources are required than those we have at our disposal today. We within the Tobin family will also be involved in the business in the future, but the timing for handing over ownership feels right," Therese Tobin, Karingotrafiken CEO.