The process of taking over Orio AB started at the beginning of last year, and in June the details of the sale to Hedin Mobility Group AB were officially announced. Since the process of taking over the company has been completed, as of Wednesday, February 1, all Saab car owners will be able to purchase original Saab spare parts at the new company “Hedin Parts and Logistics“.
Orio AB, the Swedish spare parts distributor and logistics company, is no longer in existence as of February 1st, 2023. The Swedish government sold Orio AB to Hedin Mobility Group AB last June, and the integration process into the Hedin Group was completed in June 2022. With the completion of the integration, the company has changed its name from Orio AB to Hedin Parts and Logistics AB.
This new name reflects the company’s position as the center of Hedin Mobility Group’s spare parts distribution business and signals the next step in the Group’s strategy to expand its spare parts and accessories distribution business in both Sweden and Europe.
Hedin Mobility Group is expanding rapidly in Europe and is now taking the next step in growing the Group’s business. With Hedin Parts and Logistics, the company aims to build a spare parts distribution operation for the entire European market that will create added value throughout the value chain. The vehicle manufacturers and brands that Hedin Mobility Group works with will gain an even stronger European partner with this new venture.
Hedin Mobility Group is today an importer, distributor, and/or retailer for over forty brands across Europe. The spare parts distribution to the Group’s own and external retailers will now be brought together in Hedin Parts and Logistics. In addition, the company will also grow its business with several new product groups that will also be offered to the wider market.
“Spare parts distribution is a critical part of the value chain for workshops and end customers,” says Nicholas Tengelin, CEO of Hedin Parts and Logistics. “We are building on Swedish industrial history and the infrastructure, competence, and capacity inherited from Saab to Orio and on to Hedin Parts and Logistics, to become a leading European distributor of spare parts and accessories. This will benefit Hedin Mobility Group’s partners, retailers, and end customers and bring investments and new job opportunities in Sweden, Europe and beyond.”
Orio was formerly known as Saab Automobile Parts and is the exclusive global supplier of Saab Original spare parts. The investments in Hedin Parts and Logistics do not entail any changes to the company’s Saab business. The company will continue to provide logistics services to external automotive and industrial customers.
“Since 1947, we have supplied workshops and enthusiasts worldwide with Saab Original spare parts,” says Nicholas Tengelin. “As long as there is demand, we will continue to do so.”
In conclusion, Hedin Parts and Logistics AB is set to become a leading European distributor of spare parts and accessories, building on the infrastructure, competence, and capacity inherited from Saab to Orio.
The name change reflects the company’s position as the center of Hedin Mobility Group’s spare parts distribution business and signals the next step in the Group’s strategy to expand its spare parts and accessories distribution business in both Sweden and Europe.
This new venture will bring benefits to Hedin Mobility Group’s partners, retailers, and end customers, as well as investments and new job opportunities in Sweden, Europe and beyond.
