Announced

Momentum Group acquires Company Line.

Synopsis

Momentum Group has acquired 70% of the shares in Company Line Forvaltning. Company Line is one of the largest resellers of workwear and profile clothing in northern Sweden, with professional stores and showrooms in Luleå and Kiruna. Financial terms were not disclosed. “Company Line is a well-established firm with highly skilled employees and good customer relationships with companies, sports associations and the public sector in northern Sweden. We anticipate excellent opportunities for further development and growth for Company Line as part of Momentum Group.” Ulf Lilius, Momentum Group President & CEO.

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