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
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Addtech Ab Class B
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Annual Revenue
$2.17 B (USD)8.88as on Mar 31, 2025
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Net Profit
$188.41 M (USD)15.93as on Mar 31, 2025
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EBITDA
$365.85 M (USD)11.66as on Mar 31, 2025
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Latest Funding Round
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Investors
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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.
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.
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.
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Funding Insights of Addtech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Frequency converters are supplied by GoDrive for industrial applications.
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2021 | ||||
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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.
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2020 | ||||
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Provider of embedded computer systems
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Addtech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Addtech Comparisons
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.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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?
Addtech has made 52 acquisitions, including AMP Power Protection Custom UPS and Industrial UPS Manufacturers, Advanced Valve Solutions, and Allied Insulators.
What is Addtech's ticker symbol?
The ticker symbol of Addtech is ADDT_B on OMXSTO.