Press release -
Ostnor changes name to “FM Mattsson Mora Group”
Today, September 7 2015, Ostnor AB (publ) will change name to “FM Mattsson Mora Group AB (publ)”.
The change from Ostnor AB to FM Mattsson Mora Group AB was decided on an extraordinary general meeting on August 10. The new name, FM Mattsson Mora Group AB (publ), has now been approved and registered by the Swedish Companies Registration Office (Bolagsverket).
The new company webpage is fmm-mora.com
FM Mattsson Mora Group AB is a Swedish industry jewel, founded by Frost Matts Mattsson 150 years ago in the little village of Östnor, Dalarna, Sweden. In 1927, one of his two sons started a competing business – Mora Armatur – on the other side of the village street. After seventy-five years evolving side by side, the two companies formed a joint group again in 2003. In 2014, a strategic acquisition of the Danish company Damixa was completed.
Today, FM Mattsson Mora Group is a clear leader and producer of faucets in the Nordic region. The company is positioned to further strengthen its market position in Sweden, expand its market share in the other Nordic countries and establish itself as a niche player on selected markets outside the Nordics. The company is aiming to be an active part in the ongoing restructuring of its industry.
FM Mattsson Mora Group AB (publ) will publish the results for the third quarter on October 22 at 08.00.
For more information, please contact: Claes Seldeby, President and CEO of FM Mattsson Mora Group, +46 (0)70 631 6405
Related links
Topics
- Environment, Energy
Categories
- fmmattssonmoragroup
- damixa
- taps
- logotype
- corporate
- fmmattsson
- moraarmatur
The Swedish industry jewel FM Mattsson Mora Group is the largest Scandinavian manufacturer of mixer taps. For 150 years we have developed manufactured and marketed faucets and mixers under the strong, established brand names FM Mattsson and Mora Armatur.
In May 2014 FM Mattsson Mora Group acquired Danish Damixa. Damixa was founded in 1932 and still manufactures Danish designed taps at the factory in Odense. The company is the leader in the Danish market for mixer taps and covers most household and public building requirements.
Scandinavia is the company's primary market. Ostnor realised a 2014 turnover of more than 1 billion SEK and employs approx. 600. The activities as well as the head office are centred in Mora, Sweden.
