Read news, updates and insights about Opus, Vehicle Inspection and Intelligent Vehicle Support.
The latest stories and updates about Opus, its business and the Vehicle Inspection and Intelligent Vehicle Support industries.
Opus Intelligent Vehicle Support Division (IVS) demonstrated Drive™, its new diagnostics platform at Automechanika, the largest trade fair in the automotive aftermarket industry.
Opus Group AB (publ) will release its report for the second quarter 2018 before the market opens on Friday, August 17, 2018. CEO Lothar Geilen and CFO Linus Brandt will present the company’s results on the same day at 10:00 CET.
Opus Group has prepared a prospectus in connection with the corporate bond of SEK 500 million with a framework amount of SEK 800 million that the company issued in May 2018.
Opus Group AB (publ) and its subsidiary Opus Inspection, Inc. (Opus) acquired 100% of the shares of two vehicle inspection companies, VTV Norte and VTV Metropolitana (VTV Metro), with concessions in the province and city of Buenos Aires, Argentina. The total purchase price, on a cash and debt-free basis, amounts to approximately EUR 10.8 million (approximately SEK 111 million). The acquisition closed on May 29, 2018.
On 20 November 2013, Opus Group AB (publ) (“Opus”) issued unsecured floating rate bonds of maximum SEK 500,000,000 with ISIN: SE0005556834 (the “November 2018 bonds”). Opus hereby gives irrevocable notice of the early redemption of all of the outstanding November 2018 bonds.
Opus Group AB (publ) (“Opus”) has issued senior unsecured bonds of SEK 500 million with a tenor of four years on the Nordic market. The bonds carry a floating rate coupon of STIBOR 3m + 375 basis points and have final redemption in May 2022. The bonds have a framework amount of SEK 800 million.
On May 17, 2018, the Annual General Meeting (the “AGM”) was held in Opus Group AB (publ), 556390-6063.
The key ratio figures for “Free cash flow” on page 1 and “Net debt/EBITDA” on page 12 in Opus´ Q1 2018 interim report were incorrect.
Report period January 1 – March 31, 2018
Opus has won a public tender and signed a 9-year vehicle inspection concession in Arica, Chile.
Autologic’s Module Replacement, Programming and Configuration software provides independent workshops with the ability to program individual control units, making this a key tool for any workshop.
Opus has expanded its business in Argentina with the acquisition of two companies, VTV Norte and VTV Metro, offering vehicle inspection services in the city and province of Buenos Aires. The acquisitions increase Opus’ footprint in Latin America where car ownership is rising fast.
Opus is the first company certified by the state of Pennsylvania to supply inspection stations with major upgrades to emission testing equipment – a vote of confidence in our technology and expertise.
Opus has acquired U.S. vehicle inspection and technology company Gordon-Darby, expanding our footprint in three states and increasing the range of testing products and software we offer.
Opus Inspection has opened its third vehicle inspection station in Chile, one of the company’s key growth markets in Latin America.
Opus has formed a new division to focus its offerings within service, repair and support of modern vehicles.
Looking for a specific Opus business?