MEKO AB - Company Profile
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Meko AB (Meko) is an international car spare part and accessories retailer in the automotive aftermarket. The company primarily engages in wholesale operations, supported by an extensive logistics network, and offers sales through branch and workshop concepts. MEKO's major products include spare parts, tires and tubes, consumables, and tools for vehicles. It also offers various services such as car insurance, spare part order and delivery, and fleet services. Notable brands associated with MEKO include Mekonomen, MECA, BilXtra, FTZ, Fixus, Inter-Team, Speedy, and Sorensen Og Balchen. The company's products and services cater to workshops, car dealers, retailers, and private motorists, addressing the needs of various customer groups for vehicle maintenance and repairs. MEKO utilizes a broad distribution network, including regional warehouses and branches, to ensure efficient delivery. The company operates in the Nordic region, the Baltics, and Poland, with its largest markets in the Scandinavian countries. Meko is headquartered in Stockholm, Sweden.
MEKO AB premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Car-Care Products | Car Insurance | Carwise |
| Car Spare Parts | Fleet Service | ProMeister |
| Tires and Accessories | Servicing and Repairs | Kraft |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In May, the company signed an agreement to acquire Elit Polska from LKQ Corporation. |
| 2023 | Financing Agreements | In November, the company invested in a new high-technology warehouse in Norway. |
| 2023 | Contracts/Agreements | In May 2023, the company sold its six warehouses to AB Sagax for EUR36.5 million. |
Competitor Comparison
| Key Parameters | MEKO AB | Autoliv Inc | Halfords Group plc | LKQ Group (UK) Ltd | Delticom AG |
|---|---|---|---|---|---|
| Headquarters | Sweden | Sweden | United Kingdom | United Kingdom | Germany |
| City | Stockholm | Stockholm | Redditch | Tamworth | Hannover |
| State/Province | - | - | England | England | - |
| No. of Employees | 6,252 | 65,200 | 12,757 | 9,276 | 116 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Helena Skantorp | Vice Chairman | Executive Board | 2004 | 66 |
| Pehr Oscarson | Chief Executive Officer; President | Senior Management | 2017 | 63 |
| Christer Johansson | Chief Financial Officer | Senior Management | 2024 | 47 |
| Dominick Zarcone | Chairman | Non Executive Board | 2024 | 68 |
| Anders Oxelstrom | Director - Communications and HR | Senior Management | 2023 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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