Press releases

Momentum Group has today signed an agreement to acquire 70 percent of the shares in TTP Seal AS, a leading specialist company in sealing technology in Norway. TTP Seals becomes part of the Specialist business unit within the Industry business area. “The acquisition of TTP Seals complements and strengthens our offering in technical seals. The

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 2025: Adoption of the income statements and balance sheetsThe Meeting adopted the income statement and balance sheet for the Company as well as

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