Envirotest awarded vehicle inspection contract in Colorado

Opus Group New Logo




8.30 AM CET / 18-Feb-2014 / Opus Group (STO:OPUS)

Envirotest Systems Corp. (Envirotest) has been awarded the vehicle inspection contract by the Colorado Department of Public Health and Environment. The contract is currently being negotiated.

On November 6, 2014, Opus Group AB published the signing of an agreement to acquire Envirotest Systems Holdings Corp. The acquisition is subject to Envirotest signing a contract for the new vehicle inspection program in Colorado, expected to start in 2015. All other conditions of the acquisition agreement have been satisfied. Opus Group’s acquisition of Envirotest is expected to close in Q1 2014.

For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se

Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se

Opus Group is a leading company in vehicle inspection technology and vehicle inspection program operations.  The Group has two main business areas which are vehicle inspection and equipment.  Opus Group is one of the market leaders in vehicle inspection operations in the US and Sweden.  Opus Bilprovning has 72 vehicle inspection stations in Sweden.  Opus Inspection operates vehicle inspection programs in the U.S., Bermuda, and Peru and is active in sales and service of emission control equipment in North America and Mexico.  Through the subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts production, sales, and service of vehicle inspection equipment for vehicle inspection companies and vehicle workshops.  Opus Group’s revenues amounted to approximately SEK 469 million in 2012.  Opus Group’s shares are listed on Nasdaq OMX Stockholm.

FFFS 2007:17 (10 kap 11§) (SFSA rules) – The information in this press release is published in accordance with the rules in the law (2007:528) under the Securities Market Act (2007:528).