Setterwalls Advises on BRK Invest's Divestment of Tage Rejmes Truck Business
Deal News | Jul 07, 2025 | Setterwalls
Setterwalls acted as the legal advisor in BRK Invest's divestment of the Tage Rejmes Group's truck business to Bilia. This transaction involved BRK Lastvagnar Holding AB and its subsidiaries, including Tage Rejmes Lastvagnar AB and Tage Rejmes i rebro Lastvagnar AB. These entities specialize in the sale and servicing of Volvo Trucks and maintain a network of nine facilities in central Sweden, employing approximately 180 people. The legal firm Setterwalls supported BRK Invest through the entire divestment process, facilitating the transition of ownership to Bilia.
Sectors
- Automotive
- Legal Advisory
- Mergers & Acquisitions
Geography
- Sweden – The transaction involves companies operating in Sweden, specifically in the central region, as indicated by the network of facilities and employee base.
Industry
- Automotive – The article involves the sale and servicing of Volvo Trucks, which is a segment of the automotive industry.
- Legal Advisory – Setterwalls provided legal advisory services for the transaction, highlighting the role of law firms in M&A activities.
- Mergers & Acquisitions – This sector is relevant as the article discusses a divestment transaction involving BRK Invest and Bilia.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Setterwalls | Legal Advisor | Company | A law firm that advised BRK Invest on the divestment. |
| BRK Invest | Selling Company (Vendor) | Company | The entity divesting the Tage Rejmes truck business. |
| Tage Rejmes Group | Target Company | Company | The truck business being divested, which involves Volvo Trucks sales and services. |
| Bilia | Bidding Company (Buyer) | Company | The company acquiring the Tage Rejmes truck business. |