Hedin Automotive and Wetteri have agreed on the sale and purchase of the Kia and Mitsubishi dealership in Lahti

"We have systematically expanded our Kia and Mitsubishi businesses to several locations. The acquisition strengthens Wetteri's position and opens up opportunities for us to negotiate other new brand representations in the Lahti area", tells CEO of Wetteri Oyj Aarne Simula.

“The sale of the Kia and Mitsubishi operation in Lahti continues Hedin Automotive's long-term network optimization plan. We are proud of our achievements as a Kia and Mitsubishi dealer in Lahti and would like to take this opportunity to thank our staff and customers for their trust. We believe that Wetteri will provide a strong platform for further development and will continue to offer excellent service to Kia and Mitsubishi customers in the region“, says CEO of Hedin Automotive Oy Helena Sauramo.

“Our partnership with Kia and Mitsubishi remains strong. In October 2024, we further expanded our presence by opening new Kia and Mitsubishi salespoints in Espoo. In this dealership, we also offer a wide range of vehicles from Nissan and Ford. This new location strengthens our commitment to providing customers with high-quality service and an enhanced selection of automotive brands”, Helena Sauramo adds.

After the sale, Hedin Automotive will continue Kia business operations in 10 locations: Espoo, Forssa, Helsinki, Hämeenlinna, Jyväskylä, Järvenpää, Kotka, Porvoo, Tampere and in Turku. Mitsubishi business operations will continue in 11 locations: Espoo, Forssa, Helsinki, Hämeenlinna, Jyväskylä, Järvenpää, Kotka, Oulu, Porvoo, Tampere and in Turku. In addition to car sales all locations offer authorized after-sales services, including maintenance and spare parts.

As a result of the transaction, the employees of Hedin Automotive Retail Oy in the Lahti Tupalankatu dealership will transfer to Wetteri.

The transaction is expected to be completed during the first quarter of 2025.

For more information, please contact:

Hedin Automotive Oy
Helena Sauramo, CEO
Tel. +358 44 0697 071
helena.sauramo@hedinautomotive.fi

Wetteri Oyj
Aarne Simula, CEO, Wetteri Oyj
Tel. +358 400 689 613
aarne.simula@wetteri.fi

Hedin Mobility Group Press & Media
Kristina Wärmare, Global Communications Director
press@hedinmobilitygroup.com

About

Hedin Automotive Oy
Hedin Automotive Oy is part of Hedin Mobility Group. In Finland its subsidiaries, Hedin Automotive Bavaria Oy, Hedin Automotive Finland Oy ja Hedin Automotive Retail Oy sell yearly approx. 35,000 vehicles and execute more than 300,000 throughputs in aftersales. The company represents nineteen car brands: BMW, Citroën, Fiat, Ford, Hongqi, INEOS, IVECO, Jeep, Kia, Maxus, Mazda, MINI, Mitsubishi, MG, Nissan, Opel, Peugeot, Škoda and Subaru. Our full-service car dealerships in 20 cities offer all automotive-related services, from sales to spare parts and from body repairs to authorized maintenance. We place a strong emphasis on digital services and are pioneers in utilizing them as part of comprehensive customer service. www.hedinautomotive.fi

Wetteri Plc
Wetteri Plc is an entrepreneur-driven growth company in the automotive sector. The company engages in the retail sales of passenger cars, commercial vehicles and heavy vehicles, and produces maintenance and repair shop services for vehicles, from passenger cars to heavy vehicles. Headquartered in Oulu, the company has 40 locations in Finland. The company employs nearly 1,000 people, of whom around 70% work in maintenance and repair services. Wetteri promotes digitalisation in the automotive sector and is an important player on the common journey towards emission-free motoring. More information: sijoittajat.wetteri.fi/en/