Our Business Areas

The primary driving forces in the aftermarket for cars and light trucks is the number of cars on the roads and their mileage. Global trends and new technology contribute to a changed need among the customers, creating new growth opportunities. We are convinced that the combination of differentiated businesses, as well as a strong shared purchasing function enable us to meet our customers needs with a broad offering, and thus we create good conditions for profitable growth.

MEKO's five business areas

MEKO consists of northern Europe’s leading spare parts distributors; Elit Polska, FTZ, Inter-Team, Koivunen, MECA, Mekonomen and Sørensen og Balchen with operation in Denmark, Estonia, Finland, Latvia, Lithuania, Norway, Poland and Sweden. The markets are divided into five Business Areas; Denmark, Finland, Poland/the Baltics, Sweden/Norway och Sørensen og Balchen (Norway), read more about each business area below.

Economies of scale and coordination

To utilize the Group’s size advantages in the market, the Group works through some coordination between the business areas, for example within the purchasing area. In addition, there are a number of other companies within the Group operated in order to broaden and develop the core business.

Synergies through acquisitions

One trend in the European aftermarket is to take advantage of economies of scale through the acquisition of other actors. Partly to leverage synergy effects and partly to have a greater possibility of investing in future customer offerings. MEKO’s acquisition of Sørensen og Balchen (2011), MECA (2012), FTZ and Inter-Team (2018) and Koivunen (2022) are successful examples of this. Different countries have made varying progress in this consolidation. The Nordic market is more consolidated than the Polish market. Through a strategic acquisition of Elit Polska (2024) in Poland, MEKO is now the third largest player in the independent automotive aftermarket in Poland.