M&A Deal Summary

Addtech Acquires Andersson System

On March 9, 2020, Addtech acquired electrical equipment company Andersson System

Acquisition Highlights
  • This is Addtech’s 10th transaction in the Electrical Equipment sector.
  • This is Addtech’s 16th transaction in Sweden.

M&A Deal Summary

Date 2020-03-09
Target Andersson System
Sector Electrical Equipment
Buyer(s) Addtech
Deal Type Add-on Acquisition

Target

Andersson System

Kungsangen, Sweden
Peter Andersson AB provides both trading products and own products within electrical accessories for office and kitchen environments, to the Swedish and Norwegian markets. Peter Andersson is based in Kungsangen, Sweden.

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Buyer(S) 1

Buyer

Addtech

Stockholm, Sweden

Category Company
Founded 1906
Sector Information Technology
Employees4,470
Revenue 21.8B SEK (2025)
DESCRIPTION

Addtech is a technology trading group that provides technological and economic value added in the link between manufacturers and customers. Addtech was founded in 1906 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 36 of 37
Sector: Electrical Equipment M&A 10 of 10
Type: Add-on Acquisition M&A Deals 34 of 35
Country: Sweden M&A 16 of 17
Year: 2020 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-05 Elkome Group Oy

Hyvinkaa, Finland

Elkome Group Oy develops, integrates and delivers solutions for applications in industrial IoT primarily for industrial production, smart cities, and infrastructure. The offering includes customized computer systems, test systems, info kiosks, software, sensors, and industrial communication. Elkome Group is based in Hyvinkaa, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-11 C. Gunnarssons Verkstads

Vislanda, Sweden

C. Gunnarssons Verkstads is a machine supplier to the sawmill industry with Sweden as its main market. The company develops and produces equipment for timber handling with modern technology and genuine know-how. C. Gunnarssons Verkstads is based in Vislanda, Sweden.

Buy -