Etteplan acquires High Vision Engineering AB, a Swedish engineering service company
Etteplan Oyj, Press release, September 6, 2023 at 2.00 p.m. EEST
Etteplan acquires High Vision Engineering AB, a Swedish engineering service company
Etteplan, a profitably growing technology service company serving world’s leading industrial companies, expands its presence in Sweden by acquiring High Vision Engineering Sweden AB. High Vision Engineering is an advanced engineering service company that provides services across various phases of product development for the Swedish automotive and manufacturing industry. As a result of the deal, 40 High Vision employees will transfer to Etteplan.
“Etteplan is very excited to welcome High Vision to join our Swedish and global operations. High Vision Engineering extends our automotive competence with expertise in electrification of vehicle fleets as well as electronics, software and connected vehicles”, says Tero Leppänen, SVP, Software and Embedded Solutions, Etteplan.
“Long-term partnerships, competent and committed employees, and promoting environmentally friendly technology have all been engraved in our vision of the future. Etteplan shares many of the same success factors as High Vision in the strive towards increasing customer satisfaction and profitability, and reducing the environmental impact. They are a strong partner, which will benefit the High Vision team as a whole, the market as well as our clients”, says Peter Weston, Managing Director of High Vision Engineering.
“With the acquisition, we further strengthen our position in the automotive and manufacturing industry in Western Sweden. I warmly welcome High Vision's experts to Etteplan", says Magnus Frey, VP, Etteplan's Software and Embedded Solutions unit in Sweden.
With the acquisition of High Vision Engineering, Etteplan continues on its international growth journey with the strategy and ambition to grow our full service offering to all current markets.
More information:
Magnus Frey, Vice President, Software and Embedded Solutions, Etteplan, Sweden tel. +46 7064 02324
Outi Torniainen, Senior Vice President, Marketing and Communications, tel. +358 10 307 3302
Peter Weston, Managing Director, High Vision Engineering AB, tel. +46 734 16 55 04
High Vision Engineering Sweden AB in brief
High Vision Engineering Sweden AB has a leading position in our area and is a well-established supplier to the automotive and manufacturing industry in western Sweden. We are specialized in product development and offer advanced engineering services within Design, Electronics, Testing and validation, Quality and Project management.
Etteplan in brief
We are a rapidly growing technology service company specializing in software and embedded solutions, engineering solutions, and technical communication solutions. We are a forerunner in the engineering industry and we differentiate ourselves by the wide-ranging competence of our experts. Our customers include world’s leading companies in the manufacturing industry. We help them to create a better world through engineering, innovation and digitalization.
Etteplan has lead the way in the engineering field already since 1983. In 2022, we had a turnover of EUR 350.2 million. The company currently has some 4,000 professionals in Finland, Sweden, the Netherlands, Germany, Poland, Denmark and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker. www.etteplan.com