Momentum Group to Acquire 70% Stake in Sweden's Ceon
19 maj, 12:26
19 maj, 12:26
06:26 AM EDT, 05/19/2026 (MT Newswires) -- Momentum Group (MMGR-B.ST) signed a deal to acquire a 70% stake in Sweden-based Ceon through its unit Börjesson Pipe Systems.
The Swedish industrial investor noted that as part of the deal, the valves and actuators specialist will become part of its BPS unit, strengthening its position in flow technology, according to a Tuesday release.
The transaction is expected to be completed immidiately.
19 maj, 12:26
06:26 AM EDT, 05/19/2026 (MT Newswires) -- Momentum Group (MMGR-B.ST) signed a deal to acquire a 70% stake in Sweden-based Ceon through its unit Börjesson Pipe Systems.
The Swedish industrial investor noted that as part of the deal, the valves and actuators specialist will become part of its BPS unit, strengthening its position in flow technology, according to a Tuesday release.
The transaction is expected to be completed immidiately.
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