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M&A Deal Summary

Addtech Acquires Dovitech A/S

On March 20, 2017, Addtech acquired electrical equipment company Dovitech A/S

Acquisition Highlights
  • This is Addtech’s 7th transaction in the Electrical Equipment sector.
  • This is Addtech’s 2nd transaction in Denmark.

M&A Deal Summary
Date 2017-03-20
Target Dovitech A/S
Sector Electrical Equipment
Buyer(s) Addtech
Deal Type Add-on Acquisition

Target

Dovitech A/S

Broendby, Denmark
Dovitech A/S is a manufacturer of inductive special solutions as well as electromechanical- and automation products.

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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 30 of 37
Sector: Electrical Equipment M&A 7 of 10
Type: Add-on Acquisition M&A Deals 28 of 35
Country: Denmark M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-15 Sensor Control Nordic AB

Upplands Väsby, Sweden

Sensor Control Nordic AB is an independent supplier of components and systems for automation, mobile and defence applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-21 Valutec Group AB

Skelleftea, Sweden

Valutec Group AB is a manufacturer of timber kilns to the forest industry. Valutec Group is based in Skelleftea, Sweden.

Buy -
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