We advise Veho Oy Ab in its acquisition of the Mercedes-Benz truck distribution business in Sweden from Mercedes-Benz Sverige AB, part of Daimler AG.
Veho Oy Ab, founded in 1939, is a leading Finnish car import and retail company with operations in Finland, Sweden, Estonia, Latvia and Lithuania. Veho’s operations comprise versatile transportation services and solutions from passenger cars to heavy-duty vehicles. In 2020, Veho’s turnover was approximately EUR 1.1 billion and it had approximately 2,200 employees.
Completion of the transaction is subject to merger control approval.