Gothenburg, Sweden, 2011-04-13 08:30 CEST (GLOBE NEWSWIRE) -- Opus Prodox AB (publ) and Bilia AB (publ) today announces that the companies have signed an agreement giving Opus the exclusive right of first refusal to establish vehicle inspection at Bilia’s 68 dealerships in Sweden.
Initially, vehicle inspection will be launched in the Stockholm region at the end of the year. Bilia will sublease premises and land surface to Opus, which will independently run the vehicle inspection business through a separate subsidiary.
The vehicle inspection activities will be clearly separated from Bilia’s customer reception and workshop. It will also be approved and accredited by SWEDAC (the Swedish Board for Accreditation and Conformity Assessment). The contract period is five years with a five-year extension option.
"Our customers will appreciate that they can seamlessly get their car inspected by Opus while they have their car in for service, tire replacement, repair, or just for a refuel", says Jan Pettersson, President and CEO of Bilia. "In addition, customers who have their car inspected can have it repaired by an authorized service centre immediately after the inspection. We want to simplify our joint customers’ everyday lives".
Opus is a global player in the vehicle inspection market, in both equipment and services. Through its wholly-owned subsidiary, SysTech International, the company is a successful player in operating vehicle inspection programs on the North American continent, testing approximately five million vehicles per year.
"The Swedish vehicle inspection market is undergoing an exciting development and it feels natural that we now also establish inspection activities in our home market", says Magnus Greko, CEO and President of Opus. "The co-operation with Bilia enables us to be where the motorists already are, and offer an enhanced level of service, which we are confident that the customers will appreciate".
For additional information, please contact
CEO Magnus Greko, Opus Prodox AB
Phone +46 31 748 34 91.
CEO Jan Pettersson or Finance Director Gunnar Blomkvist, Bilia AB
Phone +46 31 709 55 00.
Opus’ Certified Adviser
Thenberg & Kinde Fondkommission AB
Box 2108
SE-403 12 Gothenburg
Sweden
Phone: +46 31 745 50 00
The Opus Group is in the business of developing, producing and selling products and services within Automotive Test Equipment, Vehicle Inspection Systems and Fleet Management for the global market. The Group’s products include emission analyzers, diagnostic equipment and automatic test lines. Services include management of mandatory vehicle inspection programs. The Group sells its products and services in more than 50 countries all over the world and currently employs around 170 persons. The turnover for 2010 was approx. SEK 230 million. Opus’ share is listed on First North Premier (NASDAQ OMX) under the ticker OPUS.
