MuoviTech acquires Värmdöpumpen

The acquisition strengthens the companies' position since the requirements for climate change alternates the market. Climate change is driving the development of geoenergy and safe water supply – areas where both MuoviTech and Värmdöpumpen provide a wide range of high-quality products and services. Together, the two companies are now strengthening their offer in geoenergy, water…

Ernströmgruppen acquires Daniamant

Ernströmgruppen AB has today entered into an agreement to acquire 100% of the shares in Daniamant A/S group from NTR Holding A/S. "We are pleased to welcome Daniamant and its team on board as a global niche leader complementing Ernströmgruppens´ subsidiaries CM Hammar and Polyform. Our combined entrepreneurial strength in marine safety will benefit our…

Ernströmgruppen acquires Cromocol

Ernströmgruppen acquires Cromocol Scandinavia AB. “With Cromocol we get an exciting company with great potential, for example within plant cultivation, which we believe will be an important part of the necessary transition to more sustainable agriculture. We are always looking for well-run companies with driven entrepreneurs who want to remain in the business and develop…

Armatec, a subsidiary of Ernströmgruppen, acquires NordiCold AB

The Armatec Group, which is a part of Ernströmgruppen, has today acquired 100% of the shares in NordiCold AB. Nordicold is a Swedish supplier in the ventilation industry that develops, markets and sells a carefully selected product range in fans and components for cooling, heating and plumbing. With a broad and deep knowledge in the…

Ernströmgruppen acquires geothermal energy company MuoviTech

Ernströmgruppen acquires 90.1% of shares in the MuoviTech group. MuoviTech, which has its headquarters in Brämhult, near Borås in Sweden, and subsidiaries in several European countries, is a market leader in manufacturing of collector systems for geothermal energy applications such as renewable heating solutions with ground source heat pumps. The company drives innovation and most…

Ernströmgruppen broadens ownership base ahead of next growth phase

The family-owned business group Ernströmgruppen is bringing in external shareholders to broaden the expertise at owner level ahead of the next growth phase. The new shareholders will include Erik Selin and Per Josefsson. Ernströmgruppen aims to accelerate the pace of growth and double its revenue within five years, partly by pursuing an active acquisition agenda.…