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Vehco stengthens it's local precence in Spain

Göteborg, Sweden - July 15th 2011 - Vehco continues its strong expansion in European key markets by acquiring its distributing company in Spain, Konexiona Tecnología y transporte, and setting up a Vehco subsidiary. All forces of Konexiona will join the Vehco Group as they will work and support the customers under the name of Vehco.

The combination of Konexiona’s market expertise and Vehco’s high-end fleet management systems will create significant synergies on the Iberian Peninsula. “This acquisition represents a significant step for Vehco in our strategy to accelerate growth in Spain” said Magnus Orrebrant, chief executive officer of Vehco AB. Mr Orrebrant continues: “Konexiona has shown great success and under the umbrella of Vehco they will be able to grow even faster by offering solutions that match the Spanish market and fulfil the customer’s needs.”

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