Lothar Geilen, CEO of Opus Group, announced Sandra McCulloch as the new CEO of Opus Inspection on April 1, 2017.  Sandra is a results oriented executive with 30 years of global automotive experience, and a diversified background in senior management.  She has held senior…

Metro Nashville has signed a new contract with Opus Inspection to continue providing the vehicle emission inspection program. The new five-year contract will begin on July 1, 2017 and may be extended at Metro Nashville’s option up to an additional five years. Opus Inspection has…

Shareholders of Opus Group AB (publ) are hereby notified of the Annual General Meeting (AGM) to be held on Monday, May 15, 2017, at 18.00, local time, at the Radisson Blu Scandinavia Hotel, Södra Hamngatan 59, Gothenburg, Sweden. Registration for the AGM takes place from 17:00.

Opus Group AB has completed the redemption of the stock option program 2013:1. A total of 1,606,287 new shares were subscribed. 411,320 new shares were subscribed through exercise and the rest through a procedure where Opus Group repurchased stock options from the employees…

On February 20, 2017 Opus Group published information that the company will acquire three vehicle inspection concessions in Córdoba, Argentina, under an asset purchase agreement with Inspecentro, a Portuguese vehicle inspection company. On March 3, 2017, Opus Group…

On March 2, 2017, Opus’ Argentinian subsidiary, Opus Inspection SA, completed the acquisition of three vehicle inspection concessions in Córdoba, Argentina.  Opus began operating the three vehicle inspection stations in Córdoba on March 1, 2017.

After passing final examination of the Chilean Ministry of Transportation and Telecommunication (MTT), Systech Chile Ltda., a subsidiary of Opus, opened its vehicle inspection station in Parral, Chile to the public on February 27th, 2017. 

Opus will acquire three vehicle inspection concessions in Córdoba, Argentina, under an asset purchase agreement with Inspecentro, a Portuguese vehicle inspection company.  A purchase price is not disclosed at this time due to competitive reasons. The transaction is expected to be…

The board of directors appointed Lothar Geilen as the new CEO of Opus Group, beginning on April 1, 2017. The current CEO, Magnus Greko, will remain in the company as Vice President Strategic Business Development.

For the period 2017-2021, Opus Group today presents a new 5-year growth strategy with an ambition to: grow revenue from USD 200 million to USD 400 million; grow EBITDA from USD 40 million to USD 100 million; and grow the EBITDA margin from 20% to 25%.