CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Private Equity Firm Seeks Delisting of Opus Group Shares

Private Equity Firm Seeks Delisting of Opus Group Shares

October 7, 2020 By CollisionWeek Editor

Firm formed by Searchlight Capital Partners and Opus CEO controls more than 90% of the publicly-traded shares.

Ograi BidCo AB announced it now controls of more than 90 per cent of the shares in Opus Group AB (publ) and is seeking a delisting of the firms share and initiate a compulsory redemption of the remaining shares.  The price paid in the transaction resulting in Ograi exceeding the 90 per cent threshold was SEK 10.70 ($1.19) per share. With just over 290 million shares outstanding, the price values the firm at more than $345 million.

Opus Group logoOpus is the parent of the

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Acquisitions, Autologic Diagnostics, Drew Technologies, Opus Group AB, Sweden

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Collision Repair Education Foundation Student Scholarships and Tool Grants Benefit More Students Than Ever Before August 12, 2025
  • CCC and Elitek Expand Integration to Include Sublet Services August 12, 2025
  • Two Charged in Michigan Chop Shop Operation August 12, 2025
  • Brian Gallamore Named New Manager for NABC First Responder Training Program August 12, 2025
  • Crash Champions Holds Annual Summit for 1,000 Employees in San Diego August 12, 2025
  • Fourth Quarter 2024 Collision Repair Average Weekly Wages Up 2.4% Compared to 2023 August 8, 2025
  • Study Shows Rising Demand for Autonomous Driving Features August 8, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved ยท Log in