Hedin Mobility Group announces partial bond redemption
The redemption follows a divestment and will be executed on 24 July 2026.
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European automotive distribution, retail, and mobility services group
hedinmobilitygroup.comLast updated
In short: Hedin Mobility Group navigated a financial crisis, reporting heavy losses, closing several dealerships, and extending bond maturities.
The redemption follows a divestment and will be executed on 24 July 2026.
The partnership covers sales and service in Stockholm and Gothenburg, starting August 2026.
The transaction consolidates ownership with Salvador Caetano Group, and RN Automotive acquires three dealerships.
He will assume the role on 17 August 2026, succeeding Per Mårtensson who becomes Senior VP Finance.
The crisis has now arrived for Hedin Mobility Group, formerly Hedin Bil.
Of its approximately 100 car dealerships in Sweden, Hedin Automotive has been forced to close seven.
Sale of stock cars saved the struggling car giant. The sold general agent brought in 316 million kronor. Now Hedin Mobility is racing against time to raise money to...
Photo: Hedin Mobility Group.
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