Momentum Group divests Gigant
Alligo, a business area of Momentum Group, has signed an agreement to sell 100 percent of the shares in Gigant AB and its subsidiaries. The divestment reinforces Alligo’s focus on end customers, primarily in industry and construction. Gigant provides complete solutions for workplaces, lifting and loading, and environmental protection for warehouses, industry and workshops. It works through distributors – both Alligo’s concept brands and external. The divested operations had a turnover of around SEK 230 million in 2020. - With the divestment of Gigant we simplify the structure of