Momart

Momart Ltd
Company typePrivate limited company
IndustryArt logistics
Founded25 September 1972 (25 September 1972)
HeadquartersLondon, England
Area served
Worldwide
ServicesArt transport, art storage, art installation
Revenue£15.75 million (2015)[1]
£1.21 million (2015)[1]
Number of employees
131 (2015)[1]
ParentFIH group plc
Websitewww.momart.com

Momart is a British company specialising in the storage, transportation, and installation of works of art. A major proportion of their business is maintaining often delicate artworks in a secure, climate-controlled environment. The company maintains specialist warehouse facilities adapted for this task. Momart's clients include the Royal Academy of Arts, the Victoria and Albert Museum, the National Gallery, Tate Modern, Tate Britain and Buckingham Palace. The company received considerable media attention in 2004 when a fire spread to one of their warehouses from an adjacent unit, destroying the works in it, including works by Young British Artists such as Tracey Emin and Damien Hirst, including Emin's 1995 piece Everyone I Have Ever Slept With 1963–1995. On 5 March 2008 Momart was taken over by Falkland Islands Holdings for £10.3 million,[2] of which £4.6 million was in cash, £2.5 million was in shares and £3.2 million was deferred consideration.[clarification needed][3]

  1. ^ a b c "Falkland island company annual report". FIC.[dead link]
  2. ^ "Fine art move by Falkland". Growth Company Investor. 7 March 2008. Retrieved 1 May 2018.
  3. ^ "Microsoft PowerPoint - Momart Acquisition Presentation 030308 DLH- JF FINALDRAFT.ppt" (PDF). Retrieved 13 February 2021.