Press releases

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