About us

Market-leading spare parts distributor in northern Europe

Well positioned for profitable growth
Mekonomen Group is a leading spare parts distributor with well-known concepts and brands in Northern Europe – number 1 in the market in Denmark, Norway and Sweden, and number 4 in the Polish market with exports to Germany, the Czech Republic and the Baltics, among others.

Efficient purchasing and logistics flows
Through optimized purchasing, stock levels and transports, we create efficient product flows. Our large purchasing volumes and our broad portfolio of our own brands provide the opportunity for competitive and differentiated offers to our customers. Order management and sales platforms are mainly digital, and through our efficient logistics chain, we can offer workshops and other business customers high availability, a broad product range and fast deliveries.

Cost synergies and competitive advantages through size
Our size gives us competitive advantages and positive synergy effects. In addition to this, we have the possibility of investing in, and remaining on the forefront of, the customer offerings, logistics and support systems of the future. We have customized workshop concepts and are an attractive collaborative partner for new and established actors who are seeking effective sales channels or establishment in our markets.

Strong cash flows and a stable financial position
We have a fundamentally solid business and a strong and strategic focus on profitable growth. Our business model has a low capital requirement and generates strong and stable cash flows through a high percentage of repeat business. This gives us the conditions for further expansion to new markets and service areas, both organically and through acquisitions, dividends to our shareholders and an ever lower debt/equity ratio.

A sustainable business for the future
Mekonomen Group seeks to drive sustainable development in our industry. We have taken an active role in the transformation towards a smaller fossil-fuel-dependent car fleet through service, repairs and products for electric and hybrid electric cars. Our own training academies ensure relevant expertise and train the next generation of automotive technicians. We seek to be the car owner’s first choice regardless of model and fuel.

We know your car

Mekonomen Group’s workshops are covered by the EU group exemption which give car owners the right to choose workshop for service and repairs. The work is always done in accordance with the car manufacturers´ specifications which means retained new car guarantees, warranty on work and spare parts and you get a valid service book stamp. We buy spare parts from the same suppliers that deliver to the car manufacturers and have access to the car manufacturers’ special tools and the latest software updates to be able to take care of your car in the right way.

In brief

President and CEO:
Pehr Oscarson

Chairman of the board:
Robert Hanser

Vision:
We enable mobility – today, tomorrow and in the future.

Business:
Own wholesale operation, about 470 stores and almost 3,600 workshops

The share:
The share has been listed on the Nasdaq OMX Nordic Exchange in Stockholm (MEKO), since May 29, 2000

Empoyees:
About 4,900 (December 2020)

Revenue 2020:
SEK 11,511 M