Aareon AG entered into an agreement to acquire a 93% stake in Momentum Software Group AB (publ) (OM:MSOFT) for SEK 1.7 billion on June 20, 2022. The transaction is expected to be completed on June 27, 2022. Carnegie Investment Bank AB (publ) acted as financial advisor to Mary BidCo AB and Roschier Advokatbyrå Ab acted as legal advisor to Aareon AG.

Aareon AG completed the acquisition of a 93% stake in Momentum Software Group AB (publ) (OM : MSOFT) on June 27, 2022. In addition, Aareon has also acquired shares in Momentum on the market, which together with the completed acquisitions have increased its shareholding to 95%. Aareon has initiated compulsory redemption to acquire the remaining shares in Momentum.