Relais Group agrees to buy 70% stake in Sweden’s tershine

Reuters2026/07/28 05:30

By:Reuters

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Relais Group agreed to buy 70% of Sweden-based vehicle care brand tershine from founder Tobias Ericson, who will keep a minority stake.
Closing expected today; tershine to be consolidated from early August 2026 within the Products & Solutions unit.
In FY 2025/2026 ended June 2026, tershine posted preliminary net sales of SEK 155 million; operating profit about SEK 29 million.
SEK 20 million of the purchase price will be paid in Relais Group shares, priced off a 20-day volume-weighted average ahead of closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Relais Group Oyj published the original content used to generate this news brief via Cision (Ref. ID: 202607280130BITN____UKPR__EN_20260727-BIT-2159-0) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Relais Group agrees to buy 70% stake in Sweden’s tershine

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