Bilia’s origins go back to 1967 when Volvo established AB Volvator as part of efforts to restructure its sales network. The company changed its name to AB Catena in conjunction with its public listing in 1984, when Volvo reduced its ownership stake to 40%. During the subsequent ten years, there was an expansion into new areas of operations such as finance, real estate and trading. As of 1994, the company worked in a target-oriented manner in streamlining operations to focus on vehicle distribution, which meant that most of operations outside core business were divested. During 1997, Catena changed its name to Bilia. Over time, the real estate portfolio developed and on December 31, 2005, Bilia owned, through Catena, 34 real estate units with a total market value of SEK 2,020 M.
On April 19, 2006, Bilia’s Annual General Meeting resolved to distribute the shares in Catena to Bilia shareholders.Catena shares were listed on the Stockholm Stock Exchange on April 26, 2006.
Tribona becomes Catena and property portfolio increases from about 0.8 to 1.5 million square meters.
Sale of project properties in Solna to a property value of SEK 1,450 million.
Catenas strengthens its positon in the Öresund region by acquiring Förmannen 4 in Ängelholm (property value of SEK 120 million).
Catena buys Klövern's shares in Tribona and submits an offer to remaining shareholders.
Catena acquires two properties of SEK 396 million in Haninge and Nässjö and a new share issue of 446 469 shares was made.
Environmental Court rejected all appeals concerning the detailed development planning for Catena's project properties in "Haga Norra", Solna.
Catena AB bought 100% of shares in Brinova Logistik AB, now becoming one of the country's largest owners of logistics properties.
Three regions in the country, Stockholm, Gothenburg and Öresund are established to be able to work closer to customers.
Catena divests most of its real estate portfolio in except one property in Solna at the national arena of more than 40,000 square meters.
Bilia decided at the AGM to dividend Catena's share to its shareholders.
Catena was listed on the Stockholm Stock Exchange on April 26, 2006.