Finnish Suvia Buys Belgium's Largest Body Repair Chain AutoRepairGroup
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The Leuven-based company AutoRepairGroup is being acquired by a Finnish company, Suvia Group. The purchase price is not being disclosed. The car repair company, headquartered in Heverlee, has a total of 14 branches and 450 employees, making it the largest independent player in bodywork repair. According to Suvia, the Belgian chain's turnover this year exceeds 80 million euros. These are the Finnish company's first steps abroad. AutoRepairGroup w…
Suvia Group has acquired the Belgian AutoRepairGroup (ARG). The seller is Standard Investment. The transaction is one of the most significant in the history of Suvia Group and an important step in the company’s international growth. With the acquisition, Suvia Group will operate in two strong home markets, Finland and Belgium. AutoRepairGroup is the largest independent body repair group in Belgium. The company has 14 body repair shops across Bel…
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