
Addtech
Addtech Components markets and sells components and sub-systems in mechanics.
- Finance
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
Total Funding | 000k |
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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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