# Lagercrantz acquires 97% of Material Handling Modules Europe

Lagercrantz Group has acquired 97% of the shares of Material Handling Modules Europe AB (MHM), a Nordic supplier of modular conveyor and material handling systems based in Glemmingebro, Sweden. MHM generates annual revenue of about SEK 90 million.

- Type: Acquisition
- Announced: 2023-12-13
- Where: Glemmingebro, Skåne, Sweden, Sweden
- Status: completed
- Products: modular conveyor and material handling systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Lagercrantz Group](https://endata.com/companies/14237.md) (acquirer)
- [Material Handling Modules Europe](https://endata.com/companies/74410.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/lagercrantz-group/r/lagercrantz-acquires-material-handling-modules,c3892991), 2023-12-13: "Lagercrantz has today acquired 97% of the shares of Material Handling Modules Europe AB (MHM), a leading Nordic supplier of modular conveyor and material handling systems to system integrators in the manufacturing and logistics automation industry."

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