Relais Group has acquired 70 per cent of the shares in tershine, a Swedish manufacturer of premium car care and cleaning products. The transaction sees the Nordic serial acquirer, headquartered in Finland, take a majority stake in one of Sweden’s fastest-growing automotive aftermarket brands.
tershine was founded in 2017, starting out as a hobby project before growing into a leading Swedish car care brand and in 2025, tershine was ranked as Sweden’s second most engaging brand on social media.
Relais Group operates within the automotive aftermarket, encompassing the sale of spare parts, equipment, maintenance and repairs following the sale of a vehicle. Relais Group is listed the Finnish stock exchange and has, following a number of acquisitions, close to 30 companies in its portfolio.
KANTER advised Relais Group on the transaction.