Tag Archives: Hedin Mobility

Hedin Mobility continued its expansion in the first half delivering reduced net profits of MSEK 552 (£39.7m) (H1 2022: MSEK 1,023) on turnover up 70% to MSEK 37,704 (22,190). The Swedish company has been expanding in the UK. The acquisition of four dealerships in South London from Mercedes-Benz Retail Group UK was completed in April. The deal comprised dealerships in ...

Hedin Mobility, the Swedish dealer group which has tabled a bid for Pendragon, has entered into an agreement to acquire four dealerships in South London from Mercedes-Benz Retail Group UK. The acquisition marks Hedin Mobility Group’s first fully owned operation in the UK – Europe’s second largest car market in terms of registered passenger cars. The dealerships, which collectively employ ...