Momentum Group to acquire a 70% stake in Håland Instrumentering.

Momentum Group, which offers sustainable products, services, and solutions for customers in industry and industrial infrastructure, agreed to acquire a 70% stake in Håland Instrumentering, a leading supplier of solutions within valves, field instrumentation, and fire and gas detection to end customers, system integrators, and manufacturers. Financial terms were not disclosed. “We have built Håland Instrumentering into a leading player in our niche, serving professional end users along the Norwegian west coast. With strong long-term customer and supplier relationships, now is a good time to take the next step together with Momentum Group.” Terje Håland, Håland Founder and Principal Owner.