New acquisition: Relais Group Plc: Leading vehicle care brand tershine joins Relais Group
Founded in 2017, tershine has built a uniquely strong vehicle care brand in less than a decade. This is evidenced by the fact that the company was the second most influential brand in Sweden on social media in 2025. Tershine has a wide range of professional-grade vehicle care products, focusing particularly on cleaning, coating, and protecting vehicle exterior and interior surfaces, as well as related accessories.
For the fiscal year 2025-2026, which ended in June 2026, tershine’s preliminary estimated net sales were 155 million Swedish kronor and its operating profit was approximately 29 million Swedish kronor. 20.0 million Swedish kronor of the purchase price will be paid in Relais Group shares.