Momentum Group AB (publ) (OM:MMGR B) acquired 70% stake in Kmk Instrument Ab from Anders Vallenfjord and Per-Håkan Kalbhenn on April 4, 2024. As a part of the acquisition, KmK will be part of the Infrastructure business area under the Technical Solutions business unit. KmK had a turnover of approximately SEK 70 million in 2023. KmK will continue to be operated as an independent subsidiary and competence centre under the current management within the Infrastructure business area (business unit Technical Solutions) in accordance with Momentum Group's philosophy of decentralised business responsibility. Post completion of the acquisition, both Anders Vallenfjord and Per-Håkan Kalbhenn will remain in KmK. The closing will take place immediately and the acquisition is expected to have a marginal positive impact on Momentum Group's earnings per share during the current financial year. Mats Dahlberg and Glenn Nyström from Advokatfirman Delphi i Stockholm AB act as legal advisor for Momentum Group AB (publ) (OM:MMGR B).

Momentum Group AB (publ) (OM:MMGR B) completed the acquisition of 70% stake in Kmk Instrument Ab from Anders Vallenfjord and Per-Håkan Kalbhenn on April 4, 2024.