15 December 2023 · News

Material Handling Modules Europe AB is acquired by Lagercrantz Group Aktiebolag

Lagercrantz Group Aktiebolag (”Lagercrantz”) has acquired 97% of the shares in Material Handling Modules Europe AB (”MH Modules”). Therefore, MH Modules will become part of a technology group that offers value-creating technology, either with its own products or with products from leading suppliers. The Group has around 2,600 employees and a turnover of over SEK 7,900 million. Moll Wendén was the sellers’ legal advisor in the transaction.

MH Modules is a leading Nordic supplier of modularized roller conveyor and pallet handling systems to integrators in the automation industry. MH Modules is based in Glemmingebro in south-eastern Skåne and has a turnover of around SEK 90 million with good profitability. With high competence and application knowledge, MH Modules has created a unique position in the industry and built a high level of trust among machine and system builders in Sweden and the Nordic region. MH Modules will be part of the Niche Products division from December 2023.

Weibull M&A was the sellers’ advisor in the transaction with Tobias Lundin as the project manager. For further information about the transaction, visit Weibull’s website here.  

Moll Wendén’s team has mainly consisted of Henric Stråth (responsible partner) and Mikaela Lenander.