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Addtech is a Swedish listed technology solutions group that develops and supplies specialized products, systems and services for industrial and infrastructure customers.

Last updated August 26, 2026

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Overview

Addtech AB is a Swedish business-to-business technology group headquartered in Stockholm and listed on Nasdaq Stockholm. The company operates through a decentralized portfolio of specialized subsidiaries that develop, distribute, integrate and support high-technology products and solutions for professional customers. Its principal customer base is in manufacturing, infrastructure, energy and other technically demanding industries, with a particular concentration in the Nordic countries. Addtech is not primarily a single-product manufacturer or a mass-market consumer brand. Instead, it functions as a group of specialist technology businesses operating in focused niches. The subsidiaries generally retain significant responsibility for customer relationships, product expertise and day-to-day operations, while the parent group contributes ownership, capital allocation, strategic guidance, industrial knowledge and opportunities for cooperation across the portfolio. This structure allows individual companies to remain close to their markets while benefiting from the resources and network of a larger listed group. The group's operations are organized into five business areas: Automation, Electrification, Energy, Industrial Solutions and Process Technology. Automation includes technologies used in industrial control, measurement, monitoring and production systems. Electrification covers products and solutions associated with electrical systems, power distribution, connectivity, conversion and industrial equipment. Energy serves energy infrastructure and related technical applications. Industrial Solutions addresses specialized equipment, components and integrated solutions used by industrial customers. Process Technology focuses on products and systems supporting industrial production processes, process control and equipment performance. Addtech's customers are largely Nordic manufacturing companies and other professional organizations, although the group has expanded its presence outside the Nordic region. Operations or subsidiaries have been associated with markets including the United Kingdom, Germany, Austria, Switzerland, Poland, Estonia, Latvia, Japan, the United States and China. The group also exports to additional countries, giving the business an international reach while retaining a Nordic operational center of gravity. The modern Addtech group emerged from the reorganization of Bergman & Beving's operations in 2001. Bergman & Beving had been established in 1906 and became publicly listed in 1976. Its tradition of decentralized management, specialist operating companies and considerable local responsibility provided an organizational foundation for Addtech. In 2001, Bergman & Beving's activities were separated into three independent listed companies: Bergman & Beving, Lagercrantz Group and Addtech. Since its listing, Addtech has pursued an acquisition-led development model and has built a broad portfolio of technology companies in niche markets. The brand's positioning is therefore based on specialist competence, long-term ownership and technical problem solving rather than on broad consumer visibility. Addtech's value proposition to suppliers and customers combines niche-market expertise with the financial and organizational backing of a larger group. To suppliers, it can offer access to established industrial sales channels and local technical distribution. To customers, its subsidiaries provide products, application knowledge and solutions adapted to specific technical requirements. The company remains active as a listed industrial technology group, with its identity defined by its portfolio model and its focus on high-value B2B applications.

History

Addtech's corporate history is rooted in Bergman & Beving, a Swedish company established in 1906. Bergman & Beving developed a broad industrial and technical business over the twentieth century and was listed in 1976. Its organizational philosophy emphasized decentralized operations, specialist companies and substantial responsibility at the business-unit level. These principles later became important characteristics of Addtech's own operating model. In 2001, Bergman & Beving reorganized and separated its activities into three independent listed companies: Bergman & Beving, Lagercrantz Group and Addtech. The transaction created Addtech as a distinct publicly traded technology group rather than simply a division within a larger industrial distributor. From its formation, Addtech inherited the parent company's preference for focused operating units and local market expertise. After the 2001 separation, Addtech developed by assembling and supporting companies active in specialized technical niches. The group has used acquisitions as a central means of broadening its product expertise, geographic coverage and customer relationships. Rather than consolidating all activities under one standardized commercial identity, Addtech has generally allowed acquired companies to retain their specialist roles and market proximity. This has enabled the group to serve different industrial applications while preserving the knowledge and relationships of individual subsidiaries. The business is organized into five principal areas: Automation, Electrification, Energy, Industrial Solutions and Process Technology. Together, these areas cover technologies used in manufacturing, industrial control, electrical infrastructure, energy systems and production processes. The group has maintained a strong Nordic focus, while increasing the importance of operations in other European markets and selected locations in Asia and North America. Its international activity includes operations in the United Kingdom, Germany, Austria, Switzerland, Poland, Estonia, Latvia, Japan, the United States and China, as well as exports to further countries. Addtech's development has therefore been characterized by continuity in business philosophy rather than by a single flagship product. The group combines decentralized entrepreneurship in its subsidiaries with central ownership, financial support and strategic coordination. Since its listing in 2001, it has made more than 100 corporate acquisitions according to the cited reference material, reinforcing its position as a portfolio owner of specialist technology businesses. Today, Addtech remains an active listed Swedish group serving mainly professional customers in manufacturing, infrastructure, energy and related industrial sectors.

  • 2001

    Addtech is established as an independent listed company

    [1]

    Bergman & Beving separates its operations into three independent listed companies: Bergman & Beving, Lagercrantz Group and Addtech.

  • 2001

    Acquisition-led portfolio development begins

    [1]

    Following the listing, Addtech develops through ownership and acquisition of specialist technology companies in focused industrial niches.

  • 1976

    Bergman & Beving becomes publicly listed

    [1]

    Bergman & Beving is listed, creating the public-company foundation from which the later Addtech separation developed.

  • 1906

    Bergman & Beving is founded

    [1]

    Addtech's corporate lineage begins with the establishment of Bergman & Beving, the Swedish technical business from which Addtech later emerged.

Products and positioning

A decentralized Nordic B2B technology group serving industrial, infrastructure and energy customers through specialist subsidiaries and niche-market solutions.

  • Industrial automation

    Automation

    Addtech's Automation area serves industrial customers with products and solutions for control, measurement, monitoring and production systems. Offerings are supplied through specialist subsidiaries and can be adapted to particular machinery, manufacturing environments and process requirements. The business is oriented toward professional users that need dependable technical components, application expertise and integration support rather than standardized consumer products.

  • Electrical and power technology

    Electrification

    The Electrification area covers components and technical solutions used in electrical systems, industrial equipment, power distribution, connection and control. Its companies support customers undergoing or expanding electrification of equipment and infrastructure. Products may be sold as individual specialist components or combined into application-oriented solutions, with technical sales and engineering knowledge forming an important part of the offering.

  • Energy infrastructure

    Energy

    Energy is focused on technical products and solutions for energy systems and related infrastructure. The area addresses professional customers whose operations require specialized equipment, reliable system components and technical support. Specific offerings vary across subsidiaries and markets, reflecting Addtech's decentralized structure and its focus on selected energy-technology niches.

  • Industrial technology

    Industrial Solutions

    Industrial Solutions brings together application-specific products, components and technical systems for industrial companies. The area can address equipment, production, connectivity and operational requirements across several industries. It is a portfolio of specialist B2B offerings rather than one uniform product family, with subsidiaries using their market knowledge to configure solutions around customer processes and technical specifications.

  • Industrial process technology

    Process Technology

    Process Technology supports industrial production through products and solutions related to process control, equipment operation and technical performance. Its specialist companies serve customers with demanding production or process environments, combining technical products with application knowledge and support. The area reflects Addtech's broader strategy of concentrating on high-technology niches where expertise and customer proximity are important.

Recent events

  • Reported

    Addtech agrees to acquire DMC and Q-tronic[3]

    Addtech Power Solutions signed an agreement to acquire all shares in DMC Digital Motor Control GmbH and Q-tronic B.V. The article said the closing was planned for that day; it does not establish that the acquisition had been completed.

  • Reported

    Addtech agrees to acquire 86% of Valutec[4]

    Addtech Industrial Process, a business area in the Addtech Group, signed an agreement to acquire 86% of Valutec Group AB. The acquisition is subject to approval from relevant competition authorities, with closing estimated for early April.

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