Car-O-Liner Group AB
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Car-O-Liner Group AB - overview
Established
1973
Location
Gothenburg, -, Sweden
Primary Industry
Automobiles, Other Vehicles & Parts
About
Car-O-Liner Group AB, based in Sweden, specializes in advanced collision repair solutions, enhancing the efficiency and precision of automotive services through innovative equipment and training. Founded in 1973 in Gothenburg, Sweden, Car-O-Liner Group AB focuses on providing high-quality collision repair equipment. The company was acquired by Snap-On Incorporated in October 2016 for USD 155 mn, reflecting a strategic pivot to enhance its market position. Ameet Dubey is the current CEO and one of the key figures in the company’s leadership.
Car-O-Liner® specializes in providing technologically advanced collision repair equipment tailored for the automotive aftermarket. Their core offerings include innovative frame machines, welders, riveters, and electronic measuring systems designed to enhance precision and efficiency in vehicle repair. Products such as the BenchRack™ Versa and Speed™ 3T weight bench exemplify their commitment to versatility and functionality. These products serve a diverse client base that includes auto repair shops and technicians globally, specifically in markets such as North America, Europe, and Asia.
By addressing the challenges of repair accuracy and technician productivity, Car-O-Liner aims to improve operational outcomes for repair facilities, ensuring robust and reliable solutions that meet stringent industry standards. In 2023, Car-O-Liner reported a revenue of USD 4,730. 2 mn and an EBITDA of USD 1,409. 7 mn.
The company generates revenue through direct sales of its high-quality collision repair equipment and associated training services to businesses in the automotive repair industry, involving B2B engagements where auto repair shops purchase equipment, such as the flagship products Speed™ 3T and BenchRack™ Versa, accompanied by comprehensive training programs to maximize their investment. The recent acquisition by Snap-On Incorporated is expected to bolster Car-O-Liner's growth initiatives. The company plans to expand its product line and enhance its technological offerings, although specific product launches have yet to be disclosed. Plans to penetrate new markets in Asia and North America are underway, aiming for successful establishment by 2025.
The funding from the acquisition will support these strategic initiatives, facilitating development in product innovations and market expansion efforts.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Education & Training Services, Automobiles, Other Vehicles & Parts
Website
www.car-o-liner.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Car-O-Liner Group AB - timeline of key events
Car-O-Liner Group AB - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 78,002,395.014 | 68,896,271.681 | 87,722,502.668 | 97,849,969.057 | 91,981,442.357 | 3,430,400,000 | 3,686,900,000 | 3,407,700,000 | 3,730,000,000 | 3,592,500,000 | 76,032,053.944 | - | - | - |
| % Revenue Growth (YoY) | - | (11.7%) | 27.3% | 11.5% | (6.0%) | 3629.4% | 7.5% | (7.6%) | 9.5% | (3.7%) | (97.9%) | - | - | - |
| EBITDA (USD) | 8,399,145.125 | 5,813,403.628 | 11,420,493.851 | 9,723,364.698 | 9,288,059.675 | 284,300,000 | 757,200,000 | 820,100,000 | 808,800,000 | 728,600,000 | 11,742,132.974 | - | - | - |
| Operating Income (USD) | 5,700,036.81 | 2,253,471.385 | 6,788,281.983 | 3,267,617.473 | 3,650,227.615 | 198,700,000 | 664,000,000 | 726,000,000 | 716,400,000 | 631,900,000 | 11,105,816.112 | - | - | - |
| Operating Margin | 7.3% | 3.3% | 7.7% | 3.3% | 4.0% | 5.8% | 18.0% | 21.3% | 19.2% | 17.6% | 14.6% | - | - | - |
| % EBITDA Margin | 10.8% | 8.4% | 13.0% | 9.9% | 10.1% | 8.3% | 20.5% | 24.1% | 21.7% | 20.3% | 15.4% | - | - | - |
| NET Income (USD) | 3,132,174.777 | (740,766.113) | 1,515,005.764 | (162,482.253) | 530,051.573 | 559,600,000 | 572,200,000 | 696,200,000 | 711,200,000 | 646,400,000 | 8,346,266.801 | - | - | - |
| % Net Margin | 4.0% | (1.1%) | 1.7% | (0.2%) | 0.6% | 16.3% | 15.5% | 20.4% | 19.1% | 18.0% | 11.0% | - | - | - |
Car-O-Liner Group AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Car-O-Liner Group AB | - | ||||||||
| Secondary Buyout | Completed | Car-O-Liner Group AB | - | ||||||||
| Secondary Buyout | Completed | Car-O-Liner Group AB | - | ||||||||
| Buyout | Completed | Car-O-Liner Group AB | - | ||||||||
| Growth | Completed | Car-O-Liner Group AB | - |
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Car-O-Liner Group AB - employee data
Car-O-Liner Group AB - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
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