NGI A/S acquires Momentum Technologies

Previous shareholders have sold their shares in the mechanical engineering start-up. The buyer from Denmark now wants to expand its product range.

The venture fund of the Aachen-based S-UBG Group has sold its shares in Momentum Technologies together with the other shareholders. Momentum is a young mechanical engineering company from Hückelhoven in North Rhine-Westphalia. The company develops, manufactures and sells so-called drum motors, which are used, for example, in conveyor technology in the food industry.

NGI A/S from Denmark has also made an investment. With this investment, the leading supplier in the field of hygienic components such as leveling feet, bearing housings and rollers wants to tap further market potential. With the drum motors from Momentum, NGI intends to expand its product range of so-called food-safe conveyor components.

"It was a great pleasure for us to accompany Momentum on this successful path to technology leadership," says Bernhard Kugel, CEO of S-UBG AG. "With the early-stage financing, which we provided together with some network partners, the development of innovative and particularly energy-efficient motors could take place and the company could be prepared for the next growth steps."

S-UBG's investment had lasted almost eight years. In that time, Momentum had succeeded in entering the market. Founded in 2014, Momentum supplies drum motors and driven rollers to the food, logistics and other industries.

Like it? Please spread the word:


Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Momentum Technologies
Startup 2014 Hückelhoven
Momentum Technologies
Developer and manufacturer of sychron drum motors.
Startup 2019 Neu Wulmstorf
Investment platform for classic and limited cars.

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts