- Malte Månson acquires Experten Group and enters the bus aftermarket segment
- Eight strategically located workshops are added to the network that will total 26 workshops across Sweden following the transaction
- Experten Group’s owners and key management will re-invest alongside Accent Equity and Malte Månson management
A new exciting chapter begins as Malte Månson acquires Experten Group, resulting in a group with a total of 26 strategically located workshops. The sellers of Experten Group will reinvest a significant portion of the purchase price in Malte Månsson and will hold executive key positions in the expanded group. This strategic partnership is based on a shared vision of strengthening and enhancing the customer experience for Sweden's haulage and bus operators.
Experten Group currently operates eight modern and well-equipped workshops for buses, trucks, and transport vehicles in the Stockholm area (Vallentuna, Årsta, Bro and Spånga), Enköping, Uppsala, Malmö, and Gothenburg. The company generates approximately SEK 145 million in revenue and has 75 employees. Together, the combined group is expected to generate revenue of over SEK 600 million in 2024.
“We will not only become a group with 26 workshops, but also a cohesive group dedicated to putting the customer at the forefront. Through this acquisition, we are strengthening our position as the largest independent player in the aftermarket for commercial vehicles in Sweden. It also enables us to extract synergies to further enhance our ability to deliver quality services and the best customer experience. We have a clear plan for our expansion, and the acquisition of Experten Group is a crucial step towards the goal of reaching SEK 1 billion in revenue by 2026. I am very excited about us now creating a strong position in the bus segment and adding body shop services through the modern state-of-the-art facility that Experten Group recently has developed in Enköping." says Staffan Lindewald, CEO of Malte Månson Group.
“I am incredibly proud of the journey Experten Group has undergone since its founding. To now join forces with Malte Månson and join them on a rapid growth journey is a strategic and exciting next phase for us. It gives us the opportunity to further strengthen our position and continue delivering high-quality services to our customers. Our shared focus on the customer and passion for innovation will be the cornerstones of this partnership. I look forward to working together with Malte Månson and the expanded team to create an even more prominent and customer-centric operation.” says Erik Hult, founder and CEO of Experten Group.
Experten Group's current management team will continue to lead Experten Group and work together with Malte Månson to ensure a smooth transition and successful integration of the two organisations.
For additional information, please contact:
Mikael Strand, Chairman Malte Månson, +46 70 542 50 01,
mikael.strand@accentequity.se
Staffan Lindewald, CEO Malte Månsson, +46 70 829 91 21, staffan.lindewald@maltemanson.com
About Malte Månson:
Malte Månson is the largest independent service and repair provider of commercial vehicles in Sweden. The company’s history dates back to 1918 and it currently operates 18 workshops across the country with c. 180 employees. In 2023 the company generated sales of c. SEK 415 million.
www.maltemanson.com
About Experten Group:
Experten Group was founded in 2010 and is focused on service and repair of buses, trucks, and transport vehicles. The company operates eight workshops and has approximately 75 employees and sales of approximately SEK 145 million.
www.expertengroup.se
About Accent Equity:
Accent Equity has since 1994 invested in private Nordic companies where a new partner or owner can serve as a catalyst. Our ambition is to invest in and develop the companies to be Nordic, European or Global leaders through a professional, hands-on and long-term oriented approach that results in superior and sustainable returns.
accentequity.se
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