M Industrial Invest in grand acquisition

M Industrial Invest AB acquires eight new business areas from Storskogen Group and will continue to operate the units under a subsidiary, M Refine Group AB. The divested units have a combined annual revenue of approximately SEK 1.4 billion, and all the businesses are in a challenging situation at the time of the acquisition.

Daniel Martinwall, CEO of M Industrial Invest AB, says: "We build strong companies from our investments using three key pillars: competence, quality, and decisiveness. With our team, we are accustomed to managing challenging situations in a business-development-oriented way and look forward to starting the work of developing the group's companies."

Ownership will formally transfer as of today, August 14, 2024, when all the business areas will begin a new chapter within the M Refine Group.