We operate in a growing market

We operate as a pioneer and an active consolidator in the growing and defensive Nordic vehicle aftermarket. Our main focus is on the vehicle aftermarket, which includes vehicle customisation, wholesale and retail of spare parts and equipment, as well as workshop and installation services.

We offer our products and services on the independent aftermarket with no ties to vehicle manufacturers.

Due to our vision, we have been able to grow faster than the market average.

Our industry is undergoing significant changes with new digital services, electric mobility, the electrification of vehicles, the developing charging infrastructure and the changing concept of mobility. This opens up new interesting growth opportunities for us.

A GROWING TARGET MARKET

There are approximately 19 million passenger and commercial vehicles in the Nordic and Baltic countries.

MARKET DRIVERS

  • The need to get from A to B
  • The number of vehicles and the development of innovations
  • Vehicle stock
  • Vehicle age
  • Vehicle utilization
  • New vehicles

MARKET TRENDS

  • Consolidation of the vehicle aftermarket in Nordics
  • Electrification of powertrain
  • Increasing complexity and value of vehicle components
  • Digitalisation and e-commerce
  • Data generated by vehicles, “Big Data”