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Momentum Group AB

X64:FRA

Momentum Group AB

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  • Price (EUR)14.74
  • Today's Change0.20 / 1.38%
  • Shares traded69.00
  • 1 Year change+43.80%
  • Beta--
Data delayed at least 15 minutes, as of Nov 22 2024 16:15 GMT.
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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)2.80bn
  • Net income in SEK189.00m
  • Incorporated2020
  • Employees815.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		MMGR B:STO since
announced		Transaction
value
WH Service ABDeal completed14 May 202414 May 2024Deal completed19.72%--
Sikama ABAnnounced20 Mar 202420 Mar 2024Announced37.51%--
Helsingin Kumi OyDeal completed18 Dec 202318 Dec 2023Deal completed31.69%--
Swerub ABDeal completed30 Nov 202330 Nov 2023Deal completed33.23%241.00k
Data delayed at least 15 minutes, as of Nov 22 2024 17:00 GMT.
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