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Bilia acquires the Hans Persson Group

March 30, 2007

Bilia AB has entered into an agreement with Hans Persson Bil AB for the acquisition of all Hans Persson Bil AB's operating subsidiaries. The Hans Persson Group is one of Sweden's largest dealers for Volvo, Ford and Renault and is located in Köping, Sala, Hallstahammar, Arboga, Fagersta, Avesta and Hedemora. Total sales of the Hans Persson Group in 2005 were approximately SEK 1.3 billion, and there are 320 employees.

The acquisition is subject to obtaining the approval of the Swedish Competition Authority.

Vinge was adviser to Bilia AB, and Magnus Pauli represented Vinge.

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