2023-12-14

Material Handling Modules Europe is acquired by Lagercrantz Group

Weibull M&A was the seller's advisor when Lagercrantz Group Aktiebolag acquired Material Handling Modules Europe AB on the 13 of December 2023.

Lagercrantz has acquired 97% of the shares in Material Handling Modules Europe AB (MHM), a leading Nordic supplier of modularized roller conveyor and pallet handling systems to integrators in the automation industry. MHM is based in Glemmingebro in south-eastern Skåne and has a turnover of around SEK 90 million with good profitability.

Lagercrantz Group is a technology group that offers value-creating technology, either with its own products or with products from leading suppliers. The Group has around 75 companies, each of which is oriented towards a specific sub-market, a niche. What the companies have in common is a high level of value creation, with a high degree of customization, support, service, and other services. Lagercrantz operates in nine countries in Northern Europe, China, India, and the USA. The Group has around 2.600 employees and a turnover of over SEK 7,900 million. The company's shares have been listed on Nasdaq Stockholm since 2001. MHM will be part of the Niche Products division from December 2023.

For more information about the company, visit https://www.mhmodules.com/  

For more information about the buyer, visit https://www.lagercrantz.com/