Press releases

  • Momentum Group acquires JOKRAB – strengthens its offering in automation
    20 Dec 2022
    15:45 CET

    Momentum Group acquires JOKRAB – strengthens its offering in automation

    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

  • Momentum Group Q3 2022: Activity level remains high, with increased revenue and favourable profit growth
    27 Oct 2022
    07:55 CEST
    Regulatory

    Momentum Group Q3 2022: Activity level remains high, with increased revenue and favourable profit growth

    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 acquires Börjesson Pipe Systems – strengthens its offering in profitable and sustainable flow technology
    12 Oct 2022
    14:00 CEST

    Momentum Group acquires Börjesson Pipe Systems – strengthens its offering in profitable and sustainable flow technology

    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 appoints ABG Sundal Collier as liquidity provider
    16 Sep 2022
    13:25 CEST
    Regulatory

    Momentum Group appoints ABG Sundal Collier as liquidity provider

    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

  • Election Committee in Momentum Group appointed
    16 Aug 2022
    09:06 CEST
    Regulatory

    Election Committee in Momentum Group appointed

    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,

  • Momentum Group Q2 2022: Business situation remains stable and positive earnings trend
    14 Jul 2022
    08:00 CEST
    Regulatory

    Momentum Group Q2 2022: Business situation remains stable and positive earnings trend

    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 strengthen its position in value-creating industrial services - acquires Mytolerans
    12 Jul 2022
    11:20 CEST

    Momentum Group strengthen its position in value-creating industrial services – acquires Mytolerans

    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 establishes new unit in Kiruna
    28 Jun 2022
    11:40 CEST

    Momentum establishes new unit in Kiruna

    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

  • Momentum Group resolves on share buyback program
    02 Jun 2022
    12:24 CEST
    Regulatory

    Momentum Group resolves on share buyback program

    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 strengthens its offering in solutions for industrial automation - acquires Danish HNC Group
    18 May 2022
    21:14 CEST

    Momentum Group strengthens its offering in solutions for industrial automation – acquires Danish HNC Group

    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

  • Momentum Group Q1 2022: Stable business situation and positive earnings trend despite global concerns
    27 Apr 2022
    08:00 CEST
    Regulatory

    Momentum Group Q1 2022: Stable business situation and positive earnings trend despite global concerns

    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

  • 31 Mar 2022
    09:00 CEST

    Momentum Group listed on Nasdaq Stockholm today

    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

  • 15 Mar 2022
    15:05 CET

    Momentum Group launches new website

    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

  • 15 Mar 2022
    15:00 CET

    Momentum Group AB (publ) publishes prospectus ahead of admission to trading of Class B shares on Nasdaq Stockholm

    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