Addtech acquires ABH Stromschienen GmbH
Addtech Electrification, a business area in the Addtech Group, has today signed an agreement to acquire all shares outstanding in German based ABH Stromschienen GmbH (“ABH”). ABH develops, specifies, and delivers power distribution systems for applications for data centers, industry and e-mobility. ABH very well complements Addtech's existing operations in the Electrification business area and strengthens our position in the German market. “With Addtech’s network and resources combined with our knowledge and product portfolio we see many new opportunities in Germany as well as