Momentum Group acquires Mekano – further strengthening its position in industrial services in Sweden
Momentum Group has signed an agreement today to acquire 70 percent of the shares in Mekano AB and 100 percent of the shares in Mekano i Sävedalen AB, thereby further strengthening the Group’s market position in service and maintenance for Swedish industry. Mekano is one of Sweden’s leading suppliers of products and services for the industrial services market and will be part of Momentum Group’s business area Components & Services. The two Mekano companies generate combined annual revenue of approximately MSEK 145 with favourable profitability and have about 85 employees. Mekano is a