Fidjeland Invest has acquired Hagen og Tveit Karosseri og Bilverksted, bringing in two experienced employees as co-owners to enhance service quality and expand operations.

Target Information

Hagen og Tveit Karosseri og Bilverksted is a well-established independent auto body and repair shop located in Vennesla, Norway. Founded in 1983 by Geir Helge Tveit and Steinar Hagen, the workshop has built a reputation for providing high-quality services over the past four decades. As the company transitions to new ownership, it is set to continue its legacy as an important player in the local automotive service industry.

Recently, Hagen and Tveit Karosseri og Bilverksted was acquired by Fidjeland Invest, with two of its experienced employees joining the ownership group. The new owners, familiar with the operations and clientele, aim to further enhance service delivery while maintaining the traditional values that have defined the workshop's success. With a workforce of seven and an annual revenue of approximately NOK 25 million, the shop stands at a stable juncture, ready for growth and innovation.

Industry Overview in Norway

The automotive service industry in Norway has shown resilience and adaptability, even amid changing economic conditions. As the country moves toward more sustainable transport options, there is an increasing demand for both tradition