Acquisition | 16 November, 2021

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…

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Acquisition | 6 October, 2021

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…

Acquisition | 1 September, 2021

Oy Armatec Finland Ab, subsidiary to Ernströmgruppen AB, has acquired the business of Termovent Finland Oy Ab

Oy Armatec Finland Ab has acquired the business of Termovent Finland Oy Ab, a sales company in the HVAC sector. The asset acquisition will be effective from the 1st of September, 2021. Oy Armatec Finland Ab is a knowledge-based company that develops customized concepts for water, heating, cooling and process industry. Oy Armatec Finland Ab is…

Acquisition | 30 June, 2021

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…

Acquisition | 4 May, 2021

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…

News | 26 April, 2021

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.…

News | 16 November, 2020

Ernströmgruppen appoints a new President / CEO and raises the level of ambition

Today, the Board of Ernströmgruppen AB announces that it has appointed Alexander Wennergren Helm as the new President and CEO. Alexander comes, most recently, from Aleris, where he was CEO between 2017 and 2019. Prior to that, he was the CEO of Hultafors Group between 2011 and 2017, and the CEO of Ernströmgruppen between 2008…

Acquisition | 16 November, 2020

Ernströmgruppen makes further acquisitions in the electrical engineering field

Ernströmgruppen makes its second acquisition of the year and its fourth in the field of electrical engineering. Trans El Matic AB (TEM) is a Swedish system supplier in electric power and automation technology with solutions for building automation, power stations for light and heat control, and well as switchgear solutions for small and large industrial…

Acquisition | 16 November, 2020

Ernströmgruppen invests in the water and wastewater treatment segment

Today, the Norwegian company Ingeniørfirma Paul Jørgensen (IPJ), specialists in solutions and services for controlling and surveilling water and wastewater treatment, becomes a part of Ernströmgruppen. IPJ specialises in operational control and automation solutions for water and wastewater treatment facilities. Their products and services ensure a supply of water and treat wastewater in a safe…

Acquisition | 3 September, 2019

Ernströmgruppen acquires Ouman Group and makes its largest acquisition ever

The industrial conglomerate Ernströmgruppen acquires the Ouman Group and establishes itself as a major player in building automation in Northern Europe. Ouman develops, manufactures and sells products and services for building automation and energy saving measures of real estate and industries. With the head office in Finland the company has a strong presence in Estonia,…