Meko

What Meko does

MEKO AB (Nasdaq Stockholm: MEKO) is the largest automotive aftermarket platform in Northern Europe, incorporated in Sweden and listed since May 2000. The group operates across eight countries (Sweden, Norway, Denmark, Finland, Poland, Estonia, Latvia, Lithuania) through more than 600 proprietary wholesale branches serving 20,000 workshop customers, alongside a retail workshop network of 4,500 sites operating under Group brands including Mekonomen, MECA, BilXtra, FTZ, Fixus, Inter-Team, and Sørensen og Balchen. MEKO generates revenue from wholesale spare parts distribution to independent workshops, transaction fees at owned-brand service centers, and managed logistics services, with FY2025 revenue of SEK 18,014M. The Group is built on a serial-acquisition model (MECA 2012, FTZ/Inter-Team 2018, Koivunen 2022, Elit Polska 2024) supplemented by organic expansion, and distributes both combustion-engine and electric-vehicle parts on equal footing.

The operating stack combines physical infrastructure (over 700 distribution centers handling up to 50,000 spare parts per hour with same-day and next-day delivery, and centralized automated warehouses of 32,000+ sqm in Strängnäs, Aarup and Oslo) with digital tooling: the MEKO B2B Portal for real-time ordering and stock visibility, the Mekster e-commerce storefront, Fjärrdiagnos remote diagnostics, and an AI-powered vehicle diagnostic service for faster workshop troubleshooting. In 2026 MEKO launched Every Part Matters, a private-label spare parts brand for price-sensitive repairs, and consolidated its technical-training operations under the rebranded MEKO Academy, which delivers EV-certification programs (EIP, HVT, HVE tiers under the Godkänd elbilsverkstad umbrella) and apprenticeships in partnership with Lärande i Sverige and Realgymnasiet.

Go-to-market is primarily B2B, targeting independent auto repair workshops (SMBs) with parts supply, technical training, and digital tools; the workshops in turn serve car owners and corporate fleet customers, which MEKO also supports directly through the Mekonomen Fleet service. Pricing is quote-based and not publicly disclosed, reflecting the B2B relationship model. The company reports no controlling parent, is incorporated as MEKO AB, and is led by President and CEO Pehr Oscarson.

Name

Meko

Legal name

MEKO AB

Website

https://meko.com

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Meko is a publicly traded Nordic automotive aftermarket platform that distributes spare parts through 600+ wholesale branches to 20,000 workshops across 8 countries and operates 4,500 service workshops under its own Group brands.

Ownership category

akta.pro rank

Product category

Automotive Aftermarket Distribution

NAICS

Other Motor Vehicle Parts Manufacturing (33639), Other Motor Vehicle Parts Manufacturing (336390)

SIC

Wholesale-Motor Vehicle Supplies & New Parts (5013), Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010)

akta.pro primary industry

Industrial MRO Supplies for Vehicle/Equipment Workshops (Bearings, Hydraulics, Pneumatics, Fasteners) (TLAKAOAK)

Keywords

• Automotive spare parts
• Aftermarket distribution
• Workshop services
• Vehicle parts wholesale
• Automotive repair

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Wholesale Auto Parts Distribution: MEKO operates proprietary wholesale operations distributing spare parts to workshops and car owners through 600+ branches. The company offers a wide range of parts for both combustion engine and electric vehicles.
2. Workshop Services and Repair: 4,500 workshops operating under Group brands (Mekonomen, MECA, BilXtra, FTZ, Fixus, Inter-Team, Sørensen og Balchen) provide repair and maintenance services to car owners.
3. Logistics and Distribution Services: Highly efficient logistics with over 700 distribution centers delivering up to 50,000 spare parts per hour to workshops across Northern Europe.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

MEKO is the leading automotive spare-parts chain in Northern Europe, distributing spare parts through 600+ proprietary wholesale branches and operating 4,500 workshops under Group brands. The company serves approximately 20,000 workshop customers across 8 countries (Sweden, Norway, Denmark, Finland, Poland, Estonia, Latvia, Lithuania) with comprehensive spare parts for both combustion engine and electric vehicles, complemented by technical training, digital ordering platforms, and logistics services.

Product overview

MEKO is a B2B automotive aftermarket platform operating across Northern Europe (Sweden, Norway, Denmark, Finland, Poland, Estonia, Latvia, Lithuania) serving approximately 20,000 workshop customers through 600 branches. The company operates proprietary wholesale operations and manages workshop brands including Mekonomen, MECA, BilXtra, FTZ, Fixus, Inter-Team, and Sørensen og Balchen, with 4,500 workshops operating under these group brands. MEKO's portfolio includes spare parts distribution through multiple wholesale brands, workshop services through retail chains, and digital platforms (MEKO Portal for ordering, Fjärrdiagnos for remote diagnostics). The company offers technical training through MEKO Academy (rebranded from ProMeister Academy in 2026), including EV certification programs (Godkänd elbilsverkstad). A 2026 product addition is Every Part Matters, a private-label spare parts brand for cost-conscious segments. The group generated SEK 18,014 M in revenue in 2025.

Differentiator

Problem solved

Functional benefit

Brands

• Mekonomen: Workshop and wholesale brand offering automotive spare parts and service
• MECA
• FTZ
• Fixus
• Inter-Team
• Every Part Matters
• Mekster

Products and services

• Workshop Chain Brands (Mekonomen, MECA, FTZ, Fixus, Inter-Team, Sørensen og Balchen) Network of 4,500 automotive repair and maintenance workshops operating under MEKO's owned Group brands across Sweden, Norway, Denmark, Finland, Poland and the Baltic states, providing vehicle servicing, spare parts installation, and maintenance to car owners.
• Wholesale Auto Parts Distribution Proprietary wholesale distribution of automotive spare parts to independent workshops and car owners through 600+ branches across 8 countries, with a comprehensive range covering both combustion engine and electric vehicles, supported by centralized warehouses and same-day/next-day delivery.
• MEKO Academy Automotive technical training service for mechanics and workshops, including EV and hybrid training, high-voltage technician certification (Godkänd elbilsverkstad program with EIP, HVT, and HVE courses), diagnostic courses, upper secondary automotive education in Sweden, and professional development across the Nordic countries and Poland.
• Every Part Matters MEKO's private-label spare parts brand positioned in the 'good' tier, offering affordable quality alternatives for lower-value vehicles to help workshops serve price-conscious customers without compromising reliability.
• MEKO Portal Electronic ordering platform for workshop customers to order spare parts and accessories, providing real-time stock availability, account management, and efficient procurement workflow.
• Mekster E-commerce Platform Online platform for car owners to purchase spare parts, accessories, and tools, offering both well-known brands and affordable alternatives for self-service and workshop purchase.
• Fjärrdiagnos (Remote Diagnostics) Premium remote diagnostic service enabling workshops to perform vehicle diagnostics remotely, allowing faster and more efficient troubleshooting without physical vehicle inspection.
• Teknisk support (Technical Support) Technical support services provided to workshops for vehicle service and repair inquiries, complementing MEKO Academy training programs and providing on-demand expert guidance.

Quantifiable outcome

• Third largest player in Polish automotive aftermarket with 8% market share (up from 5%)
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Five partnerships are on record, tiered major and core.

• LKQ CorporationmajorStrategic or Co-development Partner · 10 May 2024LKQ Corporation sold its Poland-based distributor Elit Polska to MEKO AB in August 2024. The transaction was valued with Elit Polska's 2023 revenue of approximately $107 million. This acquisition expanded MEKO's presence in Poland and made it the third-largest player in the Polish automotive aftermarket.
• Electric Car ManufacturerscoreStrategic or Co-development PartnerMEKO has entered into partnerships with electric car manufacturers to complement its business with the goal of constantly improving the customer offering. These partnerships support MEKO's strategy to be number one in servicing and repairing electric vehicles.
• GoodyearcoreChannel Partner/ Reseller/ DistributorMEKO has deepened its tire business through increased capacity and deepened cooperation with Goodyear as a key tire supplier partner.
• Lärande i SverigecoreStrategic or Co-development PartnerPartnership with education provider Lärande i Sverige for delivering MEKO's upper secondary automotive education program (previously ProMeister Fordon) in Sweden.
• RealgymnasietcoreStrategic or Co-development PartnerEducational partnership with Realgymnasiet for delivering passenger vehicle training through MEKO Academy's upper secondary program.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• LKQ Corporation: Largest North American distributor of aftermarket auto parts with growing European footprint (it was the seller of Elit Polska to MEKO). Directly comparable business model: wholesale parts distribution to workshops, multi-brand portfolio, and active acquirer of regional distributors across geographies.
• Alliance Automotive Group: European (UK/French) distributor of automotive aftermarket parts and workshop supplies. Comparable as a direct peer: multi-brand, multi-country European aftermarket distributor serving independent workshops, structurally aligned with MEKO's business model.

Emerging players

• TVS Automobile Solutions: Indian automotive aftermarket solutions platform offering parts distribution and workshop services. Comparable as an emerging multi-brand aftermarket consolidator pursuing the same wholesale-plus-workshop integration model MEKO has executed in Northern Europe.

Broad incumbents

• Würth: Global automotive and MRO parts distributor with deep European presence. Comparable as a broad incumbent supplying workshops and service centers with parts, tools, and consumables across multiple vehicle categories.
• Genuine Parts Company (NAPA): US-based automotive parts distributor and retailer operating the NAPA network. Comparable as a broad incumbent in vehicle aftermarket distribution with a national workshop-affiliate model analogous to MEKO's Mekonomen/Fixus chains.
• Bosch Automotive Aftermarket: Aftermarket division of Robert Bosch GmbH, one of the world's largest suppliers of OE and aftermarket automotive parts, diagnostics, and workshop services. Comparable as a broad incumbent serving the same independent workshop customer base as MEKO.

Regional players

• Bapcor Limited: Australasian aftermarket automotive parts, accessories, and service company with wholesale, retail, and workshop service businesses. Comparable as a regional aftermarket distributor integrating parts distribution with workshop servicing in a defined geography.
• D'Ieteren Group: Belgian group with significant automotive aftermarket distribution operations (including parts distribution in Belgium and broader Europe). Comparable as a European regional player in vehicle parts distribution and services, with similar workshop-network exposure.
• Arnold Clark Auto Parts: UK-based automotive retailer and parts distributor with associated servicing operations. Comparable as a regional player combining parts distribution and workshop services in a European market context similar to MEKO's Nordic home base.
• Halfords Group: UK-listed retailer and service provider focused on motoring products, parts, and workshop services. Comparable as a regional automotive aftermarket chain serving do-it-yourself and service customers in a European market structurally similar to MEKO's Nordic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mekoab
• Xx.com/mekonomenab
• Facebookfacebook.com/mekonomensverige

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meko