Press releases

Overall the Group delivered a stable performance in the first quarter of the year, which was characterised by a challenging global environment and subdued demand. A focus on cash flow and acquisitions had a positive impact on the outcome. In total the Group’s revenue increased by 11% year on year, where acquired businesses contributed in

Momentum Group has today signed an agreement to acquire 70 percent of the shares in Håland Instrumentering AS, a leading supplier of solutions within valves, field instrumentation, and fire and gas detection to customers in the energy and engineering sectors in Norway. Håland Instrumentering will be part of the Flow Technology business unit within the

Momentum Group’s Annual and Sustainability Report 2024 has been published and is now available on the Group’s website. – Momentum Group continued to deliver a strong performance in 2024, despite challenging market conditions. Our decentralised business model, our focus on profitability and our ability to combine organic growth with value-adding acquisitions enabled us to once

The shareholders in Momentum Group AB, corporate registration number 559266–0699 (“Momentum Group” or the “Company”), are hereby convened to the Annual General Meeting of Shareholders at 16:00 on Wednesday 7 May 2025 at Helio, Grev Turegatan 30, Stockholm. Registration for the Meeting will commence at 15:30. The Board of Directors has decided that shareholders should

Momentum Group has today signed an agreement to acquire 70 percent of the shares in Avoma AB, a specialist in industrial service of rotating equipment, turbines and welding, with a focus on the process and power industries in Sweden. Avoma will be part of the Technical Solutions business unit within the Infrastructure business area. "Avoma

Momentum Group has today signed an agreement to acquire 100 percent of the shares in Sulmu Oy, one of the leading providers of industrial glass-reinforced plastic (GRP) and thermoplastic services in Finland. Sulmu will be part of the Flow Technology business unit within the business area Infrastructure. “Sulmu has a long history and extensive experience

Organic growth and strong cash flow in the last quarter of the year The Group’s operations delivered organic revenue growth of 1 per cent during the quarter. The Group’s revenue increased by a total of 12% year on year, where acquired businesses contributed in particular to this growth. EBITA was unchanged during the quarter compared

Momentum Group has today, through its subsidiary Hydjan Oy, signed an agreement to acquire 100 percent of the shares in Heinolan Hydrauliikkapalvelu Oy, a specialist in hydraulic services and component sales for industrial customers in Finland. Heinolan Hydrauliikkapalvelu will become a subsidiary of Hydjan, which is part of the Specialist business unit within the business

Momentum Group has today, through its subsidiary Askalon AB, signed an agreement to acquire 100 percent of the shares in Hörlings Ventilteknik AB (HVT), a specialist in valve service primarily to industrial customers in northern Sweden. HVT will become a subsidiary of Askalon, which is part of the Infrastructure business area under the Flow Technology

Momentum Group has today, through its subsidiary Momentum Industrial, signed an agreement to acquire 100 percent of the shares in Indoma AB. Indoma specialises in products for installation and maintenance for industry, and through the acquisition, Momentum Industrial becomes a locally broader player in industrial components. “Acquisitions are a central part of Momentum Group's growth

The Group’s operations delivered organic revenue growth of 3 per cent during the quarter. The Group’s revenue increased by a total of 20% year on year, where acquired businesses contributed in particular to this growth. EBITA increased by 27 per cent compared with the same quarter last year and the EBITA margin increased to 12.8

The Group’s operations continued to deliver favourable sales growth during the quarter, with organic revenue growth of 1%. The Group’s revenue increased by a total of 41% year on year, where acquired businesses contributed in particular to this growth. EBITA increased by 35 per cent compared with the same quarter last year. Year to date,

Momentum Group has today, through its subsidiary Börjesson Pipe Systems AB (BPS), signed an agreement to acquire 100 percent of the shares in Minrox AB, a specialist in flow technology for challenging environments and extremely abrasive processes for industrial customers in Sweden. Minrox will be part of the Infrastructure business area under the Flow Technology

Momentum Group has today signed an agreement to acquire 70 percent of the shares in WH-Service AB, a leading comprehensive supplier of rotating equipment primarily for the energy production sector in northern Sweden. WH-Service will be part of the Infrastructure business area under the Technical Solutions business unit. – WH Service operates in a sector

The following resolutions, among others, were passed at the Annual General Meeting of Shareholders (the “Meeting”) and subsequent statutory Board meeting in Momentum Group AB (publ) (the “Company”) held today, 7 May 2024: Adoption of the income statements and balance sheetsThe Meeting adopted the income statement and balance sheet for the Company as well as

Momentum Group has today signed an agreement to acquire 100 per cent of the shares in Hydjan Oy. Hydjan is a specialist in hydraulics and pneumatics for industrial customers in Finland. Hydjan will be part of the Industry business area under the Specialist business unit. “This acquisition marks an exciting advancement within our Specialist business

The Group’s operations delivered favourable sales growth, with organic revenue growth of 5% in the quarter. Acquired businesses strengthened this growth, and the Group’s revenue increased by a total of 32% year on year. Revenue growth, combined with effective cost control, led to a 25% increase in EBITA compared with the same quarter last year.

Momentum Group has today signed an agreement to acquire 100 per cent of the shares in ZRS Testing Systems AB. ZRS is a leading specialist in material testing and calibration for the production, manufacturing and pharmaceutical industries in Sweden and Norway. ZRS will be part of the Infrastructure business area under the Technical Solutions business

Momentum Group has today signed an agreement to acquire 70 per cent of the shares in the group in which KmK instrument AB is the operating company (“KmK”). KmK is a specialist in measurement technology, non-destructive testing and material testing for Swedish industrial customers. KmK will be part of the Infrastructure business area under the

The shareholders in Momentum Group AB, corporate registration number 559266–0699 (“Momentum Group” or the “Company”), are hereby convened to the Annual General Meeting of Shareholders at 16:00 on Tuesday 7 May 2024 at Helio, Grev Turegatan 30, Stockholm. Registration for the Meeting will commence at 15:30. The Board of Directors has decided that shareholders should

Momentum Group’s Annual and Sustainability Report 2023 has been published and is now available on the Group’s website. – 2023 was a transformative year for the Group. Despite the economic turbulence that impacted the market in 2023, our operations remained stable with satisfactory demand during the year. We exceeded all of our financial targets with

Momentum Group has today signed an agreement to acquire 60 per cent of the shares in Sikama AB, a specialist in gas and fluid handling for industrial customers in Sweden. Sikama will be part of the new Infrastructure business area under the Flow Technology business unit. “Sikama is a good strategic fit for the Flow

As previously announced, Momentum Group's operations is divided into the two business areas, Industry and Infrastructure, as of 1 January 2024. As a result of the new Group structure, Momentum Group is adjusting the reporting for the business areas. To enable comparisons with future financial reporting, restated historical figures per quarter and full year for

The Group’s operations delivered favourable sales growth, with organic growth of 5% in the quarter. Acquired businesses strengthened this growth, and the Group’s revenue increased by a total of 35% year on year. Revenue growth, combined with effective cost control, led to a 25% increase in EBITA compared with the same quarter last year. In

Momentum Group has today, through its subsidiary Agera Industritillbehör AB (Agera), signed an agreement to acquire 100 per cent of the shares in Peter Wiechert Kullagerteknik AB (PW Kullagerteknik), a specialist in ball and rolling bearings. The closing will take place immediately and the acquisition is expected to have a marginal positive impact on Momentum

Momentum Group has today signed an agreement to acquire 100 per cent of the shares in Helsingin Kumi Oy. Helsingin Kumi is a leading specialist in customized rubber products and rubber profiles for industrial customers in Finland. The closing will take place immediately and the acquisition is expected to have a marginal positive impact on

Momentum Group is introducing a new Group structure for continued growth, profitability and development. The change strengthens the conditions for organic and acquired growth in each business area by making better use of the breadth and expertise that has been built up in the Group since the listing last year. “Since the spin-off in March

Momentum Group has today signed an agreement to acquire 100 per cent of the shares in Swerub AB. Swerub is the market leader in Sweden in advanced custom-made rubber products for industry. The closing will take place immediately and the acquisition is expected to have a marginal positive impact on Momentum Group's earnings per share

Momentum Group has today, through its subsidiary Processkontroll Items (iTEMS), signed an agreement to acquire 100 per cent of the shares in WEH Sverige AB. WEH Sverige is a specialist in CNG/Hydrogen refueling components and gas detection. Closing is expected to take place at the end of November and the acquisition is expected to have

Momentum Group has today, through its subsidiary Börjesson Pipe Systems AB (BPS), signed an agreement to acquire 70 percent of the shares in Cobalch ApS. Cobalch is a specialist in pipeline accessories for different types of media and the acquisition complements BPS's offering. The closing will take place immediately and the acquisition is expected to

Momentum Industrial – a part of Momentum Group, is expanding its operations in Norway by establishing a new unit in Kristiansand with sales, technical expertise and local warehousing. The establishment strengthens Momentum Industrial's market position as the Nordic region's leading supplier of industrial components and related services with a focus on sustainability. This is the

The Group’s operations delivered favourable sales growth, with organic growth of 8% in the quarter. Acquired businesses contributed to this growth, and the Group’s revenue increased by a total of 45% year on year. Revenue growth, combined with effective cost control, led to a 40% increase in EBITA compared with the same quarter last year.

Momentum Industrial – a part of Momentum Group, has now opened its new unit in Kiruna with sales, technical expertise and local warehousing. The establishment strengthens Momentum Industrial's market position as the Nordic region's leading supplier of industrial components and associated services with focus on sustainability. “Major investments in the region create many new opportunities

The Chairman of the Election Committee has received a request from Mattias Montgomery, nominated by Carnegie Fonder, that he wishes to resign from the Nomination Committee prematurely. After consideration and in accordance with the Election Committee’s instructions, the Election Committee has decided not to appoint a replacement for Mattias Montgomery, as the remaining members together

Mekano and Carl A merge and form the leading workshop of southern Sweden for repairs and sales of industrial components. As of January 1, 2024, a merger will be made between Carl A Nilssons Elektriska Reparationsverkstad and Mekano AB. This means that Carl A's operations will move to Mekano's premises at Gåsebäck in Helsingborg and

Momentum Group has today signed an agreement to acquire 80 percent of the shares in Conclean AB. Conclean has a market-leading niche position in Sweden within products for water purification. The closing is expected to take place in September and the acquisition is expected to have a marginal positive impact on Momentum Group's earnings per

A continued healthy sales performance in the existing operations, combined with acquisitions, contributed to a revenue increase of 23 per cent during the second quarter compared with the previous year, of which 7 per cent was attributable to comparable units. Two companies were acquired during the quarter, adding combined annual revenue of approximately SEK 370

Momentum Group has today signed an agreement to acquire 100 percent of the shares in Regal A/S. Regal is a specialist in solutions in transmission, electrical automation and control with an established market position in Denmark. The closing will take place immediately and the acquisition is expected to have a marginal positive impact on Momentum

Momentum Group has today signed an agreement to acquire 100 percent of the shares in Processkontroll Items AB ("Items"). Items has a leading niche position in instrumentation for demanding operating conditions for customers in the process, gas, biogas, pharmaceutical and manufacturing industries. Closing is expected to take place in July 2023 and the acquisition is

Momentum Group continues its expansion and has today signed an agreement to initially acquire 93.7 percent of the shares in Askalon AB from the founding Warnqvist family. The remaining shares are still owned by the company's CEO Mats Warnqvist. Askalon had sales of SEK 317 million in 2022 and has a leading position in advanced

The following resolutions, among others, were passed at the Annual General Meeting of Shareholders (the “Meeting”) and subsequent statutory Board meeting in Momentum Group AB (publ) (the “Company”) held today, 9 May 2023: Adoption of the income statements and balance sheetsThe Meeting adopted the income statement and balance sheet for the Company as well as

Continued high levels of customer activity, favourable demand and acquisitions all led to an increase in revenue of 26 per cent in the first quarter compared to the previous year, including 10 per cent attributable to comparable units. Growth combined with good cost control led to increased margins and an increase in EBITA of 36

Momentum Group’s Annual and Sustainability Report 2022 has been published and is now available on the Group’s website. – Our first year as an independent company was marked by the prevailing turmoil in the market. I am therefore particularly proud that our operations continued to perform so well and displayed an ability to adapt to

The shareholders in Momentum Group AB, corporate registration number 559266–0699 (“Momentum Group” or the “Company”), are hereby convened to the Annual General Meeting of Shareholders at 16:00 on Tuesday 9 May 2023 at Helio, Grev Turegatan 30, Stockholm. Registration for the Meeting will commence at 15:30. NOTICE OF PARTICIPATIONShareholders who wish to participate in the

Momentum Group has today signed an agreement to acquire 100 percent of the shares in Agera Industritillbehör AB. Agera is a supplier-independent retailer of components and services to industrial customers. Through the acquisition, Momentum Group further strengthens its position as the leading supplier in the field. Closing takes place immediately and the acquisition is expected

Momentum Group has today, through its subsidiary Momentum Industrial, signed an agreement to acquire 100 percent of the shares in LocTech AB. LocTech is a comprehensive supplier of seals for rotating and static applications, and the acquisition strengthens Momentum Industrial's position in the field. Closing is expected to take place 1 March and the acquisition

Momentum Group concluded its first year as a listed company with favourable sales performance combined with increased earnings. Revenue increased by 23 per cent, of which 11 per cent for comparable companies, and EBITA rose by 19 per cent compared with the fourth quarter last year. This growth was the result of structured improvement efforts

Momentum Group has today signed an agreement to acquire 70 percent of the shares in Hydmos Industriteknik AB (“Hydmos”). Hydmos has a leading position in advanced hydraulic and gas systems for use within high pressure applications. Closing is expected to take place in February 2023 and the acquisition is expected to have a marginal positive

Momentum Group has today, through its subsidiary Öbergs i Karlstad AB ("Öbergs"), signed an agreement to acquire 70 percent of the shares in JOKRAB Automatikbyggnad AB ("JOKRAB"). JOKRAB builds and assembles equipment for process regulation, mainly to the pharmaceutical industry and the acquisition strengthens Öbergs’ position in the field. Closing takes place immediately and the

Continued solid sales performance and demand for the companies’ products and services during the quarter. The Group displayed organic sales growth of 8 per cent which, combined with good cost control, led to an increase in EBITA of 16 per cent compared with the third quarter of the preceding year. Third quarter 2022Revenue increased by

Momentum Group has today signed an agreement to acquire 100 percent of the shares in Börjesson Pipe Systems AB (“BPS”). BPS is a leading player in sustainable flow technology solutions and products. Through the acquisition, Momentum Group further strengthens its position as a leading supplier of industrial components and related services to Nordic industry. Closing

Momentum Group AB has appointed ABG Sundal Collier (“ABGSC”) as liquidity provider for the company’s shares listed on Nasdaq Stockholm with the aim to improve the liquidity of the share and reduce the spread. The commitment takes place within the framework of Nasdaq Stockholm’s rules on liquidity providers. ABGSC undertakes to continuously during the opening

The Election Committee for the Annual General Meeting 2023 will be composed of Pontus Boman (nominated by Nordstjernan), Stefan Hedelius (nominated by Tom Hedelius), Lilian Fossum Biner (nominated by Handelsbanken Fonder) and Mattias Montgomery (nominated by Carnegie Fonder), with Pontus Boman as Chairman. The Annual General Meeting in Momentum Group on 11 February 2022 resolved,

Demand during the quarter was favourable, despite a turbulent operating environment. Our companies have continuously succeeded in managing rising raw material prices and shipping costs as well as component shortages through price adjustments and being creative when it comes to delivery routes and suppliers. Overall, this meant that revenue for the second quarter increased 13

Momentum Group has today signed an agreement to acquire 70 percent of the shares in Mytolerans AB – a company that offers products and services in measurement technology to the Swedish industry. Through the acquisition, Momentum Group further strengthens its position as a leading supplier of industrial components and related services to Nordic industry. Closing

Momentum Industrial – a part of Momentum Group, establishes a new unit in Kiruna with sales, technical expertise and local warehousing. The establishment strengthens Momentum Industrial's market position as the Nordic region's leading resellers of industrial components and associated services with focus on sustainability. The intention is to open the new unit during the first

The Board of Directors of Momentum Group (publ) has decided to exercise the authorization granted by the Annual General Meeting held on 11 February 2022 to repurchase own shares. The aim with the share buyback program is to adapt the Group's capital structure and enable financing of future acquisitions of companies or businesses with own

Momentum Group has today signed an agreement to acquire 70 percent of the shares in HNC Group A/S with its subsidiaries HNC Technik GmbH in Germany and Saniflow ApS (“HNC”). HNC is a leading player in solutions for industrial automation in Denmark and through the acquisition, Momentum Group further strengthens its position as a competence

Favourable underlying demand in both business areas, but the global component shortage and Covid-19 related sickness absence had a certain impact on sales during the quarter. Organic sales growth combined with good cost control and well-managed price increases from suppliers led to an increase in EBITA of 19 per cent compared with the first quarter

Momentum Group AB (publ) announces that trading in Momentum Group's class B shares begins today on the Nasdaq Stockholm Main Market. The share is traded under the short name MMGR B. Momentum Group operates, develops and acquires successful sustainable companies in the Nordic region through active ownership with decentralised profit and business responsibility. The group

Today, when Momentum Group AB (publ) published the prospectus prepared ahead of the admission to trading of the Company’s Class B shares on Nasdaq Stockholm, a new website momentum.group was launched. The website includes customary shareholder information such as financial information, accounting principles, sustainability and corporate governance. In addition, there is ownership information prior to

Today, Momentum Group AB (publ) (“Momentum Group”) published the prospectus prepared ahead of the admission to trading of the Company’s Class B shares on Nasdaq Stockholm (the “Listing”). The prospectus was approved and registered by the Swedish Financial Supervisory Authority today and is available on Momentum Group’s website, momentum.group, and will also be made available