Bilia has acquired an authorised BMW auto repair shop, Furubakken Bilverksted, for NOK 18m with a potential additional payment of NOK 4m. Bilia expands its BMW service operations with the acquisition and expects to expand even further in the region. Furubakken Bilverksted reported net sales of NOK 35m and EBITDA Of NOK 4m in 2017, corresponding to an EV/EBITDA multiple of 4.5x.
