Opus Group’s subsidiary Opus Bima AB will be transferred to Opus Equipment AB.
Opus Group’s subsidiary J&B Maskinteknik AB will become a wholly owned
subsidiary of Opus Equipment AB. The restructuring is expected to be completed
by April 1, 2013 and is implemented in order to streamline the Swedish equipment
operations and to take advantage of synergies between the various companies.
Opus Group has decided to implement a restructuring of the Swedish equipment
business. The operations of Opus Bima AB will be transferred to Opus Equipment
AB. After the transition, the operations previously run by Opus Bima will be
operated by Opus Equipment. Opus Bima’s brand will still be used towards
customers. Opus Bima AB becomes a dormant company after the transition.
In connection with the restructuring, Opus Group’s subsidiary J&B Maskinteknik
AB becomes a wholly owned subsidiary of Opus Equipment AB. Both the transition
of Opus Bima’s operations and the restructuring of J&B Maskinteknik AB is
expected to be completed by April 1, 2013.
“We have a positive view on the restructuring of the Swedish equipment business.
This will result in a more efficient organization where it will be easier to
exploit synergies between the different companies, which will lead to positive
effects for both the equipment division and the Group”, says Jörgen Hentschel,
CEO of Opus Equipment AB and Head of the Equipment Division.
Gothenburg, Sweden, March 22, 2013
Opus Group AB (publ)
This press info is available in Swedish at www.opus.se.
For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se
Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se
Opus Group's Certified Adviser
Thenberg & Kinde Fondkommission AB
Krokslätts parkgata 4
SE-431 24 Mölndal, Sweden
Phone: 46 31 745 50 00
Opus Group is a leading company in vehicle inspection technology and vehicle
inspection program operations. The Group has two main business areas which
consist of vehicle inspection operations and equipment technology. Opus Group is
one of the market leaders in vehicle inspection operations in the US and Sweden.
Opus Bilprovning has 70 vehicle inspection stations in Sweden. Opus Group’s
subsidiary Systech operates vehicle inspection programs in the U.S., Bermuda and
Peru. Opus Group’s subsidiary ESP is active in sales and service of emission
control equipment in North America and Mexico. Through the subsidiaries, Opus
Equipment and J&B Maskinteknik, Opus Group conducts production, sales and
service of emission control equipment for vehicle inspection companies and
vehicle workshops. Opus Groups revenues amounted to approx. SEK 469 million in
2012. Opus Group’s shares are listed on Nasdaq OMX First North Premier.
