Addtech

What Addtech does

Addtech AB (publ) is a Swedish publicly listed technology solutions group headquartered in Stockholm, founded in 1906 and listed on the Stockholm Stock Exchange (ticker: ADDT B). The company operates as a decentralized holding platform of approximately 150 independent subsidiaries that sell high-technology products and solutions to customers primarily in manufacturing industry and infrastructure sectors. Its portfolio is organized into six business areas: Automation, Electrification, Energy, Industry, Process, and Safety, encompassing products such as industrial components, linear and transmission products, frequency converters, compact electric motors, conveyor systems, heat-exchange solutions, analytical instruments, outdoor enclosures, network monitoring equipment, and vehicle camera/sensor safety systems.

Addtech's business model is a sales-led, B2B industrial distribution and value-add resale model executed through its 150 subsidiaries. Each acquired company retains operational autonomy and customer relationships while benefiting from group resources, knowledge sharing, and centralized capital allocation. Revenue for FY2025/2026 was SEK 22,703 million, with EBITA of SEK 3,641 million at a record 16.0% margin and net profit of SEK 2,147 million; 42% of sales came from outside the Nordic region. The group completed nine acquisitions during the fiscal year, adding SEK 1,595 million in revenue and 410 employees, and the company explicitly markets itself to entrepreneur-founders as a long-term industrial owner.

The platform's growth mechanics rely on a continuous acquisition engine: source cites the "efficient acquisition model ensuring profit growth as new companies continuously add sales volume, customers, and expertise." Goodwill of SEK 6,608 million and net debt (excluding pensions) of SEK 5,658 million, against a 1.4x net debt/EBITDA ratio (improved from 1.5x), reflect the accumulated M&A activity and the disciplined leverage that funds further bolt-on deals. Return on working capital of 81% (up from 76%) indicates capital-efficient scaling of the existing subsidiary base.

Name

Addtech

Legal name

Addtech AB (publ)

Website

https://addtech.se

Company type

Public

Founded year

1906

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Addtech is a Swedish publicly listed technology solutions group that operates a decentralized platform of approximately 150 independent subsidiaries selling high-technology industrial products and solutions to manufacturing and infrastructure customers across Europe.

Ownership category

akta.pro rank

Product category

Industrial Technology Distribution

NAICS

Industrial Machinery Manufacturing (3332), Electrical Equipment Manufacturing (3353)

SIC

Wholesale-Industrial Machinery & Equipment (5084), Electronic Components & Accessories (3670)

akta.pro primary industry

Process Control & Automation Electronics Manufacturing Services (PLCs, I/O, DCS/SCADA hardware) (IMAGAGAK)

akta.pro secondary industries

Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI), Embedded, Maker Platforms & Development Kits Retail (CRACAKAI)

Keywords

• Industrial component distribution
• Automation solutions
• Electrification products
• Process technology solutions
• Safety system products

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Technology products and solutions sales: Addtech generates revenue through the sale of high-technology products and solutions to customers primarily in manufacturing and infrastructure sectors. The group operates through 150 independent companies that develop, manufacture, and sell specialized technical solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Addtech is a Swedish publicly listed technology solutions group that sells high-tech products and solutions through 150 independent subsidiaries organized into six business areas: Automation, Electrification, Energy, Industry, Process, and Safety. The group serves customers in manufacturing industry and infrastructure sectors with industrial components, automation solutions, electrification products, process technology solutions, and safety/security systems. Revenue for FY2025/2026 reached approximately SEK 22.7 billion.

Product overview

Addtech is a Swedish publicly listed technology solutions group operating as a platform of 150 independent companies organized into six business areas (Automation, Electrification, Energy, Industry, Process, and Safety). The company sells high-tech products and solutions to customers primarily in manufacturing and infrastructure sectors. The portfolio includes industrial components, automation solutions, electrification products (including maritime electrification motors), process industry solutions (emission control, heat exchange, analytical solutions), safety and security systems (outdoor enclosures, network monitoring, vehicle camera/sensor systems), conveyor systems, and energy solutions. Addtech operates through a decentralized ownership model where acquired companies maintain operational autonomy while benefiting from Addtech's resources and network. The company has made 9 acquisitions in fiscal year 2025/2026, adding companies in conveyor systems, industrial heat exchange, environmental gas treatment, system security enclosures, rail/road machinery solutions, and network monitoring/security products.

Differentiator

Problem solved

Functional benefit

Brands

• Automation: Business area focusing on automation solutions
• Electrification
• Energy
• Industry
• Process
• Safety

Products and services

• Automation Automation products and solutions for manufacturing and industrial customers, supplied through Addtech's independent subsidiaries. Includes automation systems and components for industrial applications.
• Electrification Electrification products and solutions for industrial and infrastructure customers, including frequency converters, electric motors, and related electrical components.
• Energy Energy products and solutions for industrial and infrastructure customers, including network monitoring products and energy system components.
• Industry Industrial products and solutions supplied through Addtech's independent subsidiaries, including industrial components and equipment for manufacturing customers.
• Process Process technology products and solutions for industrial customers, including process equipment, conveyor systems, and related industrial process components.
• Safety Safety and security products and solutions for industrial and infrastructure customers, including outdoor enclosures and safety system components.

Quantifiable outcome

• 4% total sales growth and 12% EBITA growth in fiscal year 2025/2026
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Indutrade AB: Swedish publicly listed industrial technology trading group operating through a decentralized network of subsidiaries selling components and systems to industrial customers. Closest direct comparable in business model, geography, and acquisition-driven growth strategy.
• Lagercrantz Group: Swedish technology trading group that acquires and develops niche subsidiaries selling proprietary technical products and solutions to industrial customers. Shares Addtech's decentralized subsidiary model and acquisition-driven compounding approach.
• Beijer Ref AB: Swedish-listed wholesale distributor of HVAC and refrigeration components, operating through decentralized subsidiaries across Europe and emerging markets. Similar decentralized trading/distribution model with strong M&A track record, though focused on a narrower product category.
• Diploma PLC: UK-listed specialty distribution group operating through autonomous subsidiaries selling technical products and services to industrial and professional markets. Highly comparable decentralized model with bolt-on acquisition strategy in attractive niches.
• IMCD NV: Dutch-listed specialty chemicals and ingredients distributor with a decentralized operating model focused on technical sales, application support, and bolt-on acquisitions. Comparable as a European specialty distribution platform serving B2B industrial customers.

Broad incumbents

• Brenntag SE: Global market leader in chemical distribution with significant European presence, operating through regional subsidiaries serving industrial customers. Larger and more concentrated than Addtech but shares the specialty distribution playbook with M&A as a core growth lever.
• Halma plc: UK-listed group of safety, environmental, and medical technology businesses operating through autonomous subsidiaries. Comparable decentralized acquisition-and-hold model with focus on niche industrial safety and process markets where Addtech also operates.
• Rexel SA: French-listed global electrical distribution specialist serving industrial, commercial, and residential markets with a multi-country branch network. Comparable as a B2B industrial electrical/automation components distributor operating in Europe.
• WESCO International: US-listed broad-line distributor of electrical, communications, and utility products and services with significant M&A history (including the recent merger with Anixter). Comparable as a large-scale industrial technology distributor but with greater US focus.

Others

• Genuine Parts Company: US-listed distributor of automotive and industrial replacement parts through independently operated NAPA stores and industrial divisions. Adjacent comparable given the decentralized distribution model and bolt-on acquisition approach, though end-market focus differs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/addtech_group
• LinkedInlinkedin.com/company/addtech-ab

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries11 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A68 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Addtech