M&A Deal Summary

Addtech Acquires Penlink AB

On September 21, 2016, Addtech acquired electronics company Penlink AB

Acquisition Highlights
  • This is Addtech’s 4th transaction in the Electronics sector.
  • This is Addtech’s 12th transaction in Sweden.

M&A Deal Summary

Date 2016-09-21
Target Penlink AB
Sector Electronics
Buyer(s) Addtech
Deal Type Add-on Acquisition

Target

Penlink AB

Hägersten, Sweden
Penlink AB is an independent supplier of electronic components and power systems for the automation industry. Penlink delivers products and solutions in the fields of rotating transmission and electro optics.

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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 26 of 37
Sector: Electronics M&A 4 of 4
Type: Add-on Acquisition M&A Deals 24 of 35
Country: Sweden M&A 12 of 17
Year: 2016 M&A 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-05 ETS Portsmouth

Tolworth, United Kingdom

ETS Portsmouth Ltd. (dba ETS Cable Components) is a distributor of products, systems and services in the field of cable accessories for power cable installation, including cable cleats brackets, cable glands, cable lugs, flexible conduits, cable ties and cable tooling above all for the UK market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-09 Itek AS

Lillesand, Norway

Itek AS is an engineering company its provides a energy efficient solutions and systems for clean air, process cooling and dust collection.

Buy -