Addtech acquires EK Power Solutions AB
Addtech Components, a business area in the Addtech Group, has today signed an agreement to acquire all shares outstanding in EK Power Solutions AB (”EK Power”). EK Power has a leading position in power electronics and electric motor control. The customers are mainly high-tech OEM customers, primarily in the Nordic region, such as machine builders, special vehicles and defense. The company has 25 employees and sales of approximately 40 MSEK. EK Power will very well complement business area Components. With its focus on customized and energy-efficient solutions, EK Power also