IA Hedin Bil AB has through its subsidiary Bavaria Sverige Bil AB, signed an agreement to purchase the operations of Ivars Bil's operations in Östersund. Following the acquisition, IA Hedin Bil will have 100 facilities in Sweden, Norway, and Belgium, with 9 of them operated by the subsidiary Bavaria Bil Sverige. The business they are acquiring has approx. a turnover of SEK 105m a year, selling approx. 350 cars per year.