Skruvat

Founded in 2008 and based in Stockholm, Sweden, Skruvat specializes in the online retail of automotive parts and accessories, catering to a diverse range of vehicle maintenance needs. Skruvat operates as an online retailer focused on providing automotive parts and accessories. The company was acquired by Mobivia Groupe in December 2015, although specific financial details of the acquisition were not disclosed. Claes Kjelldorff and Sofia Bertills are the current CEOs of the firm.

Skruvat has completed a total of 2 deals since its inception in 2008, with its headquarters located in Stockholm, Sweden. Skruvat. se specializes in the online retail of automotive parts and accessories, providing a comprehensive selection of products that cater to various vehicle maintenance and enhancement needs. The core offerings include spare parts, vehicle accessories, tires, boat parts, oils, motorcycle performance parts, and tools.

The platform serves a diverse clientele of individual consumers and automotive enthusiasts across multiple geographical markets, including Sweden and other parts of Scandinavia. Skruvat addresses the end-users' needs for quality replacement parts at competitive prices, ensuring that vehicle owners have access to essential components for repairs and upgrades. The company also enhances customer engagement through its membership program, which offers exclusive deals and promotions, further incentivizing repeat purchases. In the most recent financial year of 2022, Skruvat generated a revenue of USD 52.

35 mn with an EBITDA of USD 3. 49 mn. The revenue model is primarily structured around direct-to-consumer sales through its online platform, allowing customers to purchase a wide array of products. The company offers promotional offers such as free shipping on orders exceeding a certain amount, focusing on one-time transactions with established price points for individual products.

Flagship items include various spare parts and vehicle accessories, strategically priced to remain competitive in the market. Skruvat aims to enhance its market presence by developing new products, although specific launch dates have not been disclosed. The company's strategy includes expanding into new geographical markets, particularly targeting additional regions within Scandinavia. The funding from the acquisition by Mobivia Groupe is expected to support these initiatives, although details on specific utilization plans remain undisclosed.