Addtech AB

Mid last week, we gathered all Finance Managers in our 150 companies in Gothenburg for two intense days of inspiration, networking and exciting discussions. It was great seeing you all and many thanks for all contributions to our two fantastic days together, comments Malin Enarson, CFO Addtech.

Addtech business area Electrification has acquired nanosystec GmbH. Nanosystec develops, produces and sells production equipment primarily for manufacture of opto-electronics and precision mechanics to customers in the data communications, medical technology and semiconductor industries. The company has 20 employees and is headquartered outside Frankfurt, Germany. A warm welcome to the team! To learn more check out the website: https://nanosystec.com/en/

Our report for the second quarter is released! On the whole, we can summarise a favourable quarter with a high level of activity and continued growth. Overall, sales increased by 5 percent, 2 percent of which was organic. Our EBITA-margin was stable at a high level and the cashflow remained strong over the period. The high pace of acquisitions continued over the quarter and we strengthened our operations with three more acquisitions, while also signing agreements to acquire two more companies. Our well-diversified operations with entrepreneurial niche companies in strong positions is again demonstrating its strength, continuing to generate profitable growth in a partly challenging market, comments Niklas Stenberg CEO. For more details and the complete CEO comment, check out the full report on our website: https://lnkd.in/eQB4VK6a

Addtech business area Energy has acquired Unilite A/S. Unilite develops, manufactures and sells energy-efficient fire safety- and ventilation solutions for industrial, commercial and public buildings. Unilite complements the operations conducted with a focus on energy efficiency and safety within the Energy Products business unit, comments Åsa Skarbrandt, Business Unit Manager. The company has 78 employees and is headquartered in Hobro, Denmark. A warm welcome to the team! To learn more check out the website: https://www.unilite.dk/

Addtech business area Process Technology has acquired PGS Tec GmbH. PGS designs, assemble and install customised water and gas supply systems to pharmaceutical, industrial and laboratory customers. PGS will become part of and complement our operations within the Process Control business unit and strengthen our position in the European market, comments Claus Nielsen Business Area Manager, Process Technology. PGS has 15 employees and is headquartered in Wolpertswende, Germany. A warm welcome to the team! To learn more check out the website: https://pgs-tec.de/

Our interim report for the first quarter was released this morning! Overall, the new financial year is off to a good start, with high levels of activity and strengthened profitability across the board. Despite a certain uncertainty in the market, sales increased by 7 percent, 2 percent of which was organic. It is satisfying to see that our long-term initiatives to increase the value added in our offering, to strengthen the product mix and, not least, to increasingly focus on profitable acquisitions, gives effect with EBITA increasing 19 percent with a continued strong margin of 15.3 percent (13.7). Our international expansion is continuing as planned and the rate of acquisitions in the beginning of the year has been high with a total of seven acquisitions, of which five took place outside the Nordic region. “Our entrepreneurial-driven companies are demonstrating their strength again, continuing to generate profitable growth in a challenging market”, comments Niklas Stenberg CEO. For more details and the complete CEO comment, check out the full report on our website: https://lnkd.in/eQB4VK6a

Addtech business area Automation has acquired Romani Components Srl . Romani provides linear- and transmission products to machine builders for the automation industry. Romani will become part of and complement our operations within the Motion & Drives business unit and strengthen our position in the European market, comments Michael Ullskog, Business Area Manager, Automation. Romani has 23 employees and is headquartered in Milan, Italy. A warm welcome to the team! To learn more check out the website: https://lnkd.in/dDpbNtvD

Our 2023/2024 Annual Report is published! Check it out and learn more about how we continue to move towards our vision of being a leader in technical solutions for a sustainable tomorrow. In this year’s report you can read about what sustainable business means for five of our companies and how they contribute to a sustainable development. Link to report: https://lnkd.in/ewiv2YRC

Addtech business area Process Technology has acquired Analytical Solutions and Products BV. ASaP manufactures and supplies analytical solutions to primarily the process- and energy industries. ASaP will become part of and complement our operations within the Emission Control business unit and strengthen our offering towards the green energy transition, comments Claus Nielsen, Business Area Manager, Process Technology. ASaP has 30 employees and is headquarters in Amsterdam, Netherlands. A varm welcome to the team! To learn more check out the website: https://www.asap.nl/

Our annual conference where we gather all the Managing Directors of our 150 companies was held this week. An intense day filled with networking, inspiration and interesting discussions. As usual, we welcomed new companies, summed up the past year, looked ahead and ended by celebrating all the great achievements. Great to see you all and many thanks for all the contributions that make this one of the best days of the year, says Niklas Stenberg CEO Addtech