Delphi advises Momentum Group in connection with a mandatory public offer from Nordstjernan
Delphi advises Momentum Group AB (publ) in connection with Nordstjernan Aktiebolag’s announcement on 5 November 2020 of a mandatory public cash offer to the shareholders of Momentum to sell all their shares to Nordstjernan. The offer includes the unlisted shares of series A and the shares of series B that are listed on Nasdaq Stockholm.
Momentum Group is one of the leading resellers of industrial consumables and components, service and maintenance to professional end users in the industrial and construction sectors in the Nordic Region. The Group has annual revenue of approximately 9.5 billion SEK and approximately 2,700 employees.