NEWS

Malte Månson expands in Norrland - acquires SBTAB

Malte Månson has today signed an agreement to acquire Skandinaviska Buss och Truck AB (SBTAB) with closing on September 1.

SBTAB currently operates three workshops in Söderhamn, Edsbyn and Sundsvall, where it is also a dealer of the Mercedes truck program.

With the acquisition, Malte Månson gains an additional 40 reputable employees. SBTAB is authorized to service Mercedes-Benz trucks and vans, VDL buses and EVO buses. In addition to Mercedes truck service, the workshop in Söderhamn also offers service for Mercedes transport and passenger cars, all-car service for all truck brands and trailers, construction machine service and a well-equipped bus workshop.

The workshop in Sundsvall offers, in addition to sales and service of the Mercedes truck program, also all-car service for all truck brands, service of heavy transport refrigeration and specializes in trailer repairs.

With the skills Malte Månson's workshop chain will gain this fall, they are pleased with the acquisition:

"It feels very stimulating to work together with Morgan Parment and Samuel Andersson and all the employees who have built up the fine business that SBTAB is. I am impressed by the high level of customer satisfaction they have created thanks to their very knowledgeable staff. It is completely in line with how we at Malte Månson work and it will be fun to take the next step and build the Malte Group even stronger together", says Staffan Lindewald CEO Malte Månson.

The workshops in Söderhamn and Sundsvall are recognized as skilled and have received several prizes and awards over the years for their high quality and availability.

The key people in SBTAB will continue in their roles and have also chosen to reinvest a large part of the purchase price in the Malte Månson Group:

"We are very pleased to join the Malte Månson Group and have chosen to reinvest a significant part of the purchase price. We look forward to being part of the development of the Malte chain", says Samuel Andersson, CEO of SBTAB.

"I really think we have taken this company to a new level in a short period of time and I am proud of what we and our employees have achieved. This merger will further strengthen us and allow us to accelerate our expansion in the future, now as part of the Malte chain. The fact that we share values and have a common view on customer satisfaction and staff has been crucial for us. We are very much looking forward to the continued journey together with the Malte team", says Morgan Parment, Site Manager in Sundsvall and co-owner of SBTAB.

With the acquisition of SBTAB, the Malte Månson Group will consist of 30 workshops with an annual turnover of approximately 800 million. Closing is scheduled for September 1 and is subject to customary review by the relevant authorities.

Malte Månson is Sweden's largest independent truck repair chain. The number of employees in the group amounts to approximately 300 employees and the annual estimated at just over SEK 600 million. Malte Månson workshops are located in 24 locations with 27 facilities.

Skandinaviska Buss & Truck AB (SBTAB) is authorized for service & repair of Mercedes-Benz trucks, buses, vans and cars. The company currently has 30 employed technicians, three units and is the largest workshop of its kind in Norrland.
The turnover is estimated to be around 200 MSEK for 2024.

Contact person: Staffan Lindewald, CEO Malte Månson Group
Phone: 0708-299121
E-mail: staffan.lindewald@maltemanson.com

Link to the press release