Waselius advises Hedin Mobility Group in Finnish law aspects of its acquisition of Iveco Group’s distribution and retail operations in Finland, Sweden, Norway, and Denmark. The transaction, subject to regulatory approval, is expected to be completed during the first half of 2024.
The acquisition involves the transfer of marketing and distribution operations for Iveco light commercial vehicles, medium- and heavy-duty trucks, and minibuses sold through the retail network in the four Nordic countries, including spare parts.
The agreement also includes the acquisition of the retail business at the IVECO-owned dealerships in Sweden (Gothenburg, Helsingborg and Malmö), Norway (Bærum), Finland (Espoo), and Denmark (Odense).