Addtech

Addtech

Addtech Components markets and sells components and sub-systems in mechanics.

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DateInvestorsAmountRound
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IPO
Total Funding000k
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In 1906, engineers Arvid Bergman and Fritz Beving founded Bergman & Beving in Sweden. Their vision was to import and sell industrial products, marking the beginning of a journey that would evolve into Addtech. Over the decades, the company adapted to changing markets, maintaining a focus on high-tech solutions and industrial products.

In 1976, Bergman & Beving went public, setting the stage for future growth. The company embraced a strategy of decentralization and acquisitions, which became a hallmark of its operations. By the late 1990s, the company had grown significantly, prompting a strategic decision to split into three separate entities in 2001, one of which was Addtech.

Addtech continued the legacy of its parent company by focusing on acquiring and developing independent subsidiaries. This approach allowed Addtech to expand its reach across various sectors, including industrial, infrastructure, and technology. The company became known for its ability to integrate new acquisitions seamlessly, fostering innovation and growth within its subsidiaries.

Today, Addtech stands as a testament to over a century of strategic evolution and adaptation. With a robust portfolio of companies under its umbrella, Addtech continues to deliver high-tech solutions to a global market, staying true to the innovative spirit of its founders, Bergman and Beving.

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Investments by Addtech

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Mixe Communication Solutions
ACQUISITION by Addtech Dec 2022
Allied Insulators Limited
ACQUISITION by Addtech Aug 2022
Birepo ApS
ACQUISITION by Addtech Dec 2018
Powermec AB
ACQUISITION by Addtech Nov 2015
Penlink AB
ACQUISITION by Addtech Sep 2016
Tritech Technology
ACQUISITION by Addtech Jul 2021
Duelco
ACQUISITION by Addtech Jun 2018
Valutec Group
ACQUISITION by Addtech Feb 2020
DMC Digital Motor Control
ACQUISITION by Addtech Mar 2020
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