Momentum Group strengthens its offering in pneumatic solutions for Swedish industry – acquires Öbergs in Karlstad
Momentum Group AB (publ) has signed an agreement today to acquire 100 percent of the shares in Öbergs i Karlstad AB (“Öbergs”). The acquisition of Öbergs, a market-leading specialist company in pneumatics in Sweden, further strengthens Momentum Group’s position as a leading supplier of industrial components and related services to Swedish industry. Öbergs generates annual revenue of approximately MSEK 50 with favourable profitability and has 12 employees. Closing is taking place today, 5 February 2021. Since the late 1980s, Öbergs has been a leading supplier in Sweden specialising in