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Momentum Group AB

X64:FRA

Momentum Group AB

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  • Price (EUR)15.82
  • Today's Change0.50 / 3.26%
  • Shares traded-1.00
  • 1 Year change+76.17%
  • Beta--
Data delayed at least 15 minutes, as of May 31 2024 16:15 BST.
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About the company

Momentum Group AB is a Sweden-based company that operates, develops and acquires sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of a number of companies that together constitute supplier of industrial components, industrial services and other related services in the industrial sector. Momentum Group is organized in two business areas: Components and Services. Components business area consists of subsidiary Momentum Industrials AB, which has operations in Sweden and in Norway that focus on the spare parts and related services for industrial customers' production equipment. Service business area is comprised of Rorick Elektriska Verkstad Aktiebolag, whose electromechanical workshops offer service and repair to the processing and manufacturing.

  • Revenue in SEK (TTM)2.46bn
  • Net income in SEK170.00m
  • Incorporated2020
  • Employees746.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		MMGR B:STO since
announced		Transaction
value
Sikama ABAnnounced20 Mar 202420 Mar 2024Announced44.58%--
Helsingin Kumi OyDeal completed18 Dec 202318 Dec 2023Deal completed38.46%--
Swerub ABDeal completed30 Nov 202330 Nov 2023Deal completed40.08%241.00k
Conclean ABAnnounced14 Jul 202314 Jul 2023Announced60.71%1.47m
Regal A/SAnnounced30 Jun 202330 Jun 2023Announced51.90%--
Data delayed at least 15 minutes, as of May 31 2024 17:00 BST.
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