M&A Deal Summary

Addtech Acquires Rutab AB

On March 25, 2013, Addtech acquired electrical equipment company Rutab AB from Nordstjernan

Acquisition Highlights
  • This is Addtech’s 3rd transaction in the Electrical Equipment sector.
  • This is Addtech’s 6th transaction in Sweden.

M&A Deal Summary

Date 2013-03-25
Target Rutab AB
Sector Electrical Equipment
Buyer(s) Addtech
Sellers(s) Nordstjernan
Deal Type Add-on Acquisition

Target

Rutab AB

Nassjo, Sweden
Rutab AB is a supplier of electro-technical materials and components for automation technology with focus on cable glands, grommets and conduits for cabling solutions as well as machinery cables. Rutab was formed in 1987 and is based in Nassjo, 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 11 of 37
Sector: Electrical Equipment M&A 3 of 10
Type: Add-on Acquisition M&A Deals 11 of 35
Country: Sweden M&A 6 of 17
Year: 2013 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-12 Norsk Analyse AS

Tønsberg, Norway

Norsk Analyse AS is a provider of turn-key analytical solutions for the process industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-12 Sittab AB

Säter, Sweden

Sittab AB is a niche company that delivers ergonomic solutions to driver seats mainly to construction equipment and buses. Sittab product range includes arm- and headrest, turntables and joystick boxes which contributes to efficient and improved operator comfort.

Buy -

Seller(S) 1

SELLER

Nordstjernan

Investor Investor Investor Investor Investor


Category Family Office
Founded 1890
PE ASSETS 23.0B SEK
Size Large
Type Sector Agnostic
DESCRIPTION

Nordstjernan is a family-backed private investment firm focused on long-term investments and acquisitions of companies throughout Sweden. The Firm looks to commit SEK 500 million to SEK 3 billion in situations where ownership is looking for a new partner to help with organic growth, acquisitions, or other strategic changes. Areas of investment interest include industrial, trade, healthcare, construction, real estate, and technology. Nordstjernan was established in 1890 and is based in Stockholm.


DEAL STATS #
Overall 1 of 14
Sector: Electrical Equipment M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 6
Country: Sweden M&A 1 of 9
Year: 2013 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-26 Llentab

Kungshamn, Sweden

Llentab manufactures steel buildings based on a proprietary product concept. Llentab was formed in 1972 and is based in Kungshamn, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-15 Shape Technologies Group

Kent, Washington, United States

Shape Technologies Group is a manufacturer of proprietary ultra-high pressure (“UHP”) pumps, waterjet cutting systems, and integrated robotic automation solutions that enable the processing of modern industrial materials. SHAPE offers customers a productivity solution that maximizes machine uptime, minimizes post-processing, and decreases cycle times. SHAPE serves customers in mission critical environments for industries including food processing, material handling, aerospace, automotive lightweighting, and general industrial markets. Shape Technologies Group is based in Kent, Washington.

Sell $148M