Article: Swedish car dealer Bilia AB acquires Norwegian company.

NORDIC BUSINESS REPORT-21 December 2007-Swedish car dealer Bilia AB acquires Norwegian company(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish car dealer Bilia AB announced on Friday (21 December) that it has agreed to acquire the Norwegian business Bilforum for an undisclosed sum.

The transaction includes the Stavanger-based Volvo, Renault and Land Rover dealership Bilforum AS and the financing company Bilforum Finans AS.

Bilforum has 100 employees and an annual turnover of approximately SEK390m.

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