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The latest stories and updates about Opus, its business and the Vehicle Inspection and Intelligent Vehicle Support industries.
Opus IVS has expanded its service offering in the U.S. diagnostics and collision scanning markets with the acquisition of AutoEnginuity, a leader in multi-brand automotive diagnostics.
Opus Inspection, Inc. (Opus) has been awarded a new Vehicle Emission Inspection Program contract with the Bear River Health Department of Cache County in the State of Utah. The 4-year contract term begins October 1, 2020 with an option to extend for four (4) additional years.
Leaders from the Latin American vehicle inspection industry gathered on 4-5 December in Santiago, Chile for the CITA Central & South America Regional Advisory Group conference, organized by Opus.
Opus Remote Sensing Europe (Opus RSE) is helping the government of Berlin measure how much pollution vehicles emit in real world driving conditions – in a project featured on the German TV news channel ProSieben Newstime.
Drivers in Washington D.C. can perform their own vehicle emission tests 24 hours a day thanks to a new self-service kiosk developed by Opus company Envirotest for the city’s Department of Motor Vehicles (DMV).
Opus companies Drew Technologies, Autologic and Bluelink Diagnostic Solutions are joining together as one business called Opus IVS, focused on helping independent automotive service shops repair the most complex vehicles around the world.
Opus has appointed Andy McIntosh as President, Vehicle Inspection U.S. to focus on driving business development and innovation in our biggest market.
On January 2, 2020, Drew Technologies, Inc., an Opus IVS division company, acquired US-based AutoEnginuity, LLC for a purchase price of approximately USD 20 million (approximately SEK 187 million) on a cash-free and debt-free basis. All conditions for completion of the acquisition of AutoEnginuity have been met.
Searchlight Capital Partners together with Lothar Geilen, through Ograi BidCo AB, today announced a public offer to the shareholders of Opus Group AB (“Opus”) to sell all shares in Opus to Ograi BidCo AB at a price of SEK 7.75 in cash per share (the “Offer”).
Opus Group AB (publ) will release its third quarter 2019 report on Thursday November 14, 2019, at 07:30 CET. CEO Lothar Geilen and CFO Linus Brandt will present the company’s results on the same day at 10:00 CET.
Opus is pleased to announce the appointment of Andy McIntosh as President of its U.S. Vehicle Inspection business.
A court in Argentina has canceled a vehicle inspection concession awarded to Inspecentro S.A. in Buenos Aires (Inspecentro Buenos Aires), a business in which Opus had assumed control via an agreement. Since Inspecentro Buenos Aires has not yet started operating, there is no impact on Opus revenues in Argentina. However, a write-down of fixed assets may be required. Opus is evaluating legal options to appeal or possibly seek compensation.
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