Citira has agreed to acquire Malte Månson
The acquisition combines tire and vehicle maintenance services for heavy vehicle fleets in Sweden and beyond.
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Circular tire lifecycle services
citira.comLast updated
In short: Citira expanded its European footprint through strategic acquisitions and strong financial growth, rebranding from CTS to a circular tire leader.
The acquisition combines tire and vehicle maintenance services for heavy vehicle fleets in Sweden and beyond.
The bonds have a 3.5-year tenor and floating rate of EURIBOR plus 500 bps, with proceeds for corporate purposes.
Revenue grew 54.6% with ten acquisitions and improved EBITDA despite macro uncertainty.
Owner Gustav Johansson becomes manager of the Tire Hall and co-owner in Citira. The transaction strengthens Citira's presence in southwestern Sweden.
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Citira förvärvar brittiska Tyrefix och etablerar därmed verksamhet i Storbritannien. Affären stärker koncernens geografiska räckvidd och fokus på cirkulär däckhantering i norra Europa.
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