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2016-03-14

Mekonomen: Mekonomen Group updates the strategy of international expansion

Mekonomen Group has continued ambition to participate in the European
consolidation of the industry.

The international ambition remains with focus on acquisitions at the
right price and with significant purchasing synergies.

"The vision of 20 countries by 2020 is not valid anymore, but
international expansion is still a priority for us as part of the
company's future growth. The focus of a potential acquisition in
Europe is to acquire at the right price and that we see we can
achieve synergies, primarily in purchasing and that the acquisition
can be performed with continued financial stability ", says Magnus
Johansson, President and CEO of Mekonomen Group.

In addition, the ambition is for ProMeister, Mekonomen Group's own
brand of quality spare parts, to be exported to new markets with
focus on specific customers.

For further information, please contact:

Magnus Johansson, President and CEO of Mekonomen Group Tel: +46 (0) 8
464 00 00

Marcus Larsson, Executive Vice President of Mekonomen Group Tel: +46
(0) 8 464 00 00

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http://news.cision.com/mekonomen/r/mekonomen-group-updates-the-strategy-...
http://mb.cision.com/Main/550/9934003/488385.pdf

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