Addtech AB

Detailed Description

Addtech AB (publ.) operates as a technology trading company in Sweden, Denmark, Finland, Norway, rest of Europe, and internationally. The company's Automation segment markets and sells intelligent solutions, subsystems, and components to industrial automation and infrastructure sector, including solutions for robotics, control systems, sensors, and industrial and communication networks; and manufactures equipment for pharmaceutical. Its Components segment markets and sells components and sub-systems within mechanics, electromechanics, hydraulics and electronics. The company's Energy segment markets and sells electricity transmission and distribution products, and products in the areas of electrical safety, electrical installation, and connection technology primarily for the energy and electrical installation market through specifiers and electricity wholesalers. Its Industrial Process segment markets and sells solutions, sub-systems, and components for the manufacturing and processing industries, as well as manufactures customized gaskets and seals, chains, electric motors, process and safety instruments, surface treatment equipment, dampers, scrubbers, fans, heat recovery systems, wood dryers, and waste management systems. The company's Power Solutions segment develops, markets, and sells components and system solutions that enable power supply, as well as operates and controls movements or energy flows, such as battery solutions and products used in the interaction between humans and machines; and supplies seats and peripheral components for machines, buses, and trains. Its Power Solutions segment serves customers in the fields of special vehicles, telecoms, environmental technology, and medical technology. The company was founded in 1906 and is headquartered in Stockholm, Sweden.

Financials