# Momentum Group acquires Swedish industrial components distributor Indoma AB

Momentum Group, through subsidiary Momentum Industrial, signed an agreement to acquire 100 percent of Indoma AB, a Jönköping-based supplier of industrial components. Indoma will run as an independent subsidiary under its current management.

- Type: Acquisition
- Announced: 2024-12-02
- Where: Jönköping, Sweden
- Status: announced
- Products: mechanical seals, o-rings, hydraulics, pneumatics, bearings, industrial hoses and belts

## Companies

- [Askalon AB](https://endata.com/companies/1898.md) (acquirer)
- [Momentum Group](https://endata.com/companies/7581.md) (acquirer)
- [Indoma AB](https://endata.com/companies/12521.md) (target)
- [Hörlings Ventilteknik AB](https://endata.com/companies/12582.md) (target)
- [Hörlings Ventilteknik (HVT)](https://endata.com/companies/12630.md) (target)

## Sources

- [momentum.group](https://www.momentum.group/en/release/momentum-group-acquires-indoma-strengthens-its-offering-in-industrial-components/), 2024-12-02: "Momentum Industrial's acquisition of Indoma is an add-on acquisition that provides a stronger platform for growth in the Jönköping region."
- [momentum.group](https://www.momentum.group/en/release/momentum-group-acquires-hvt-strengthens-its-offering-in-industrial-valve-service/), 2024-12-13: "Momentum Group has today, through its subsidiary Askalon AB, signed an agreement to acquire 100 percent of the shares in Hörlings Ventilteknik AB (HVT)"
- [valve-world.net](https://valve-world.net/momentum-group-acquires-hvt/), 2025-01-06: "Momentum Group through its subsidiary Askalon AB, signed an agreement to acquire 100% of the shares in Hörlings Ventilteknik AB (HVT)"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.