Salvador Caetano reinforces its presence in the Nordic region through the acquisition of the entire shareholding held by Hedin Mobility Group in Hedin Caetano AB, a company previously jointly owned by both groups, thereby becoming its sole shareholder. As part of the transaction, RN Automotive AB will also acquire the retail operations of Renault and Dacia at three Hedin Automotive dealerships. Closing of the transaction and the transfer of the business are expected to occur on 30 June 2026.

As a result of the agreement now concluded, ownership of Hedin Caetano AB and all its operations in RN Nordic and RN Automotive will be fully consolidated within Salvador Caetano Group. In this context, RN Automotive AB will also acquire the Renault and Dacia retail operations at three Hedin Automotive dealerships: Eskilstuna, Tagene, and Åbro in Gothenburg (adding to the Group’s existing facilities in the Stockholm area, in Spånga and Haninge).

Following completion of the transaction, Hedin Mobility Group will remain a relevant retailer of Renault and Dacia in Sweden through its Hedin Automotive dealer network.

“The partnership with Hedin Mobility Group has enabled the establishment of a solid foundation and, at this stage, we look forward to continuing to develop the Renault, Dacia and Alpine brands, for the benefit of customers and dealers in Sweden, Denmark and Norway,” says Sérgio Ribeiro, Executive Board Member & CEO of Global Automotive Distribution of Salvador Caetano Auto Group.

“After four years of successful collaboration with Salvador Caetano, this represents a natural step forward for the RN Nordic and RN Automotive operations to progress under a single ownership structure, in line with our ongoing efforts to streamline the Group’s operations. Renault and Dacia remain key brands for us, and we look forward to continuing this journey as a retailer,” says Anders Hedin, CEO of Hedin Mobility Group.

About Salvador Caetano Group
Founded in 1946 and based in Portugal, Salvador Caetano is an international group with eight decades of experience in the automotive industry. The Group has established itself as a leading player in the mobility sector, driven by a long-term commitment to innovation, sustainability, and the development of integrated mobility solutions that create value for customers, partners, and society.
Today, Salvador Caetano employs more than 9,000 people across 45 countries and three continents— Europe, Africa, and South America—with a diversified business portfolio that includes automotive and bus manufacturing, aeronautics, vehicle import and distribution, mobility services, industrial equipment, workshops and after-sales solutions. In 2025, the Group achieved an aggregated turnover of approximately €5 billion, generated by more than 100 companies operating across its global network.

About Hedin Mobility Group
Hedin Mobility Group is one of Europe’s largest mobility providers, with approximately 11,000 employees and operations in 13 countries. In 2025, net sales amounted to approximately SEK 90 billion and the Group sold approximately 260,000 vehicles.

Our operations consist of three main business areas:
• Distribution, where we act as an importer and/or distributor for 12 automotive brands across European markets, distributing vehicles both to our own and external dealers. Our distribution activities also include wholesale and distribution of spare parts, accessories, tyres and rims, as well as logistics solutions.

• Retail, where we represent more than 50 brands in 12 countries, providing an end-to-end offering in new and used vehicles as well as aftermarket services. Sales take place both online and via our dealer network comprising more than 310 dealerships with a total of over 800 sales points under the names Hedin Automotive and Carstore.

• Mobility Solutions, where we address new user needs and sales models in the automotive industry by developing and providing modern, flexible offerings such as subscription, leasing, car rental and charging solutions. Hedin Mobility Group is part of the Hedin Group together with the Hedin Construction group and I.A. Hedin Fastighet AB.

For more information, visit www.hedinmobilitygroup.com

Press contacts:
For Salvador Caetano Group
Paulo Passarinho
paulo.passarinho@salvadorcaetano.pt

For Hedin Mobility Group
Magnus Matsson
Global Communications Director, Hedin Mobility Group
+46 31 790 00 82
press@hedinmobilitygroup.com