Addtech

Stockholm, Sweden Founded: 1997 • Age: 29 yrs
Electrical safety products and installation services are provided.

About Addtech

Addtech is a company based in Stockholm (Sweden) founded in 1997.. The company has 4,470 employees as of March 31, 2024. Addtech has completed 52 acquisitions, including AMP Power Protection Custom UPS and Industrial UPS Manufacturers, Advanced Valve Solutions and Allied Insulators. Addtech offers products and services including Automation Solutions and Electrification Products.

  • Headquarter Stockholm, Sweden
  • Employees 4470 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Addtech Ab Class B
Operational Areas
Energy & Utilities → Energy & Water Utilities
Key Metrics
  • Annual Revenue
    $2.17 B (USD)
    8.88
    as on Mar 31, 2025
  • Net Profit
    $188.41 M (USD)
    15.93
    as on Mar 31, 2025
  • EBITDA
    $365.85 M (USD)
    11.66
    as on Mar 31, 2025
  • Latest Funding Round
  • Investors
  • Employee Count
    4470

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Addtech

Addtech is a publicly listed company on the OMXSTO with ticker symbol ADDT_B in Sweden, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXSTO · Ticker: ADDT_B . Sector: Electronic technology · Sweden

Products & Services of Addtech

Addtech offers a comprehensive portfolio of products and services, including Automation Solutions and Electrification Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Automation solutions are provided for manufacturing processes to enhance efficiency and support industrial operations.

Electrification products are offered for infrastructure development to address energy-related needs in various sectors.

People of Addtech
Headcount 1000-5000
Employee Profiles 22
Board Members and Advisors 7
Employee Profiles
People
Malin Enarson
Chief Financial Officer
People
Niklas Stenberg
President, Chief Executive Officer
People
Per Lundblad
Business Area Manager Power Solutions
People
Oksana Tolstoy
Financial Controller

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Board Members and Advisors
people
Anders Börjesson
Board Chairman
people
Henrik Hedelius
Director
people
Eva Elmstedt
Director
people
Ulf Mattsson
Director

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Funding Insights of Addtech

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Addtech

Addtech has strategically engaged in corporate development activities, having acquired 52 companies. Notable acquisitions include AMP Power Protection Custom UPS and Industrial UPS Manufacturers, Advanced Valve Solutions and Allied Insulators. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Frequency converters are supplied by GoDrive for industrial applications.
2021
Manufacturer of ruggedized uninterruptible power supplies (UPS). They design, manufacture, and support high-performance UPS systems for harsh environments. Products range from commercial off-the-shelf (COTS) to modified off-the-shelf (MOTS) and custom solutions. Applications span defense, marine, transport, and industrial sectors. The company also provides maintenance and repair services, including support for legacy Harland Simon UPS equipment. They offer a complete turnkey solution, encompassing in-house design, manufacturing, testing, and installation.
2020
Provider of embedded computer systems
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Addtech

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Addtech Comparisons

Employees
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Competitors of Addtech

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Addtech

Frequently Asked Questions about Addtech

When was Addtech founded?

Addtech was founded in 1997.

Where is Addtech located?

Addtech is headquartered in Stockholm, Sweden.

Who is the current CEO of Addtech?

Niklas Stenberg is the current CEO of Addtech.

How many employees does Addtech have?

As of Mar 31, 2024, the latest employee count at Addtech is 4,470.

What is the annual revenue of Addtech?

Annual revenue of Addtech is $2.17B as on Mar 31, 2025.

What does Addtech do?

Addtech was founded in 1997 and is headquartered in Stockholm, Sweden. Operations focus on the electrical sector, where safety products are supplied alongside installation services for various applications. The company serves clients across Europe, emphasizing reliable solutions for electrical infrastructure needs. Key leadership includes Niklas Stenberg as President and CEO, guiding strategic developments in the industry.

What products or services does Addtech offer?

Addtech offers Automation Solutions and Electrification Products.

Is Addtech publicly traded?

Yes, Addtech is publicly traded on OMXSTO under the ticker symbol ADDT_B.

How many acquisitions has Addtech made?
What is Addtech's ticker symbol?

The ticker symbol of Addtech is ADDT_B on OMXSTO.

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