Momentum acquires SKF`s Swedish spider service business
September 24, 2020
Momentum Group, a reseller of industrial supplies and industrial components, has through its subsidiary Rörick Elektriska Verkstad acquired SKF`s spindle service operations in Sweden. The acquired business offers testing and maintenance of tool spindles, and has sales of approx. SEK 10m in 2019. The purchase price is undisclosed.
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