Momentum Group AB (publ) (OM:MMGR B) signed an agreement to acquire 70% stake in WH-Service AB on May 14, 2024. WH-Service will continue to be operated as an independent subsidiary and competence centre under the current management within the Infrastructure business area (Technical Solutions business unit) in accordance with Momentum Group's philosophy of decentralised business responsibility. 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. In 2023, WH-Service AB has total revenue approximately SEK 35 million.

Momentum Group AB (publ) (OM:MMGR B) completed the acquisition of 70% stake in WH-Service AB on May 14, 2024. Helene Andersson, Glenn Nyström, Mats Dahlberg of Advokatfirman Delphi KB acted as legal advisor to Momentum Group AB.