Addtech AB acquired electronic components and solutions trading company Elgood Oy

Addtech AB acquired electronic components and solutions trading company Elgood Oy

Swedish Addtech AB group expands its product offering in Finland by acquiring all outstanding shares of Elgood Oy. Elgood Oy is one of the leading importers and retailers of electronic components and customized solutions in Finland. The company is a well known supplier to Finnish manufacturers of equipment within its most important customer sectors; telecom, industrial automation and energy. Elgood has nine employees and a revenue of approximately 4 MEUR. Elgood is an excellent compliment to Addtech Components' operations. Addtech is a technology trading Group with an annual revenue of about SEK 4 billion and about 1,300 employees. It is listed in NASDAQ OMX in Stockholm.

ProMan advised the Sellers throughout the whole sales process.

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Seller: 
Elgood Oy
Industry: 
Retail and consumer products
Buyer: 
Addtech AB
Industry: 
Retail and consumer products

Swedish Addtech AB group expands its product offering in Finland by acquiring all outstanding shares of Elgood Oy. Elgood Oy is one of the leading importers and retailers of electronic components and customized solutions in Finland. The company is a well known supplier to Finnish manufacturers of equipment within its most important customer sectors; telecom, industrial automation and energy. Elgood has nine employees and a revenue of approximately 4 MEUR. Elgood is an excellent compliment to Addtech Components' operations. Addtech is a technology trading Group with an annual revenue of about SEK 4 billion and about 1,300 employees. It is listed in NASDAQ OMX in Stockholm.

ProMan advised the Sellers throughout the whole sales process.