“When the world is making major investments to prevent the climate crisis, we see big opportunities to develop our business model to meet the future needs of renewable climate-neutral energy. In Ernströmgruppen, we get long-term owners who can support us in that ambition,” says Kari Ojala, founder and COO of MuoviTech AB.
MuoviTech, which has its headquarters in Brämhult, near Borås in Sweden, and subsidiaries in several European countries, is a market leader in manufacturing of collector systems for geothermal energy applications such as renewable heating solutions with ground source heat pumps. The company drives innovation and most sales come from internally developed and patented solutions. In 2020, revenues amounted to SEK 275 million, with good profitability.Back to transactions