SELATEK Expands with Strategic Acquisition in Östergötland
SELATEK strengthens its technical offerings by acquiring Elektromontage Power, marking a strategic entry into the Östergötland region.

Sammanfattning
SELATEK has acquired Elektromontage Power, enhancing its technical capabilities in high voltage installations. This acquisition marks SELATEK's expansion into the Östergötland region.
In a strategic move to bolster its technical capabilities and expand its geographical footprint, SELATEK has successfully acquired Elektromontage Power, a specialist in high voltage installations. This acquisition is not only a significant addition to SELATEK's portfolio but also marks its first establishment in the strategically important region of Östergötland.
Elektromontage Power, based in Norrköping, is known for its comprehensive range of services in both low and high voltage sectors, catering to industrial companies and power grid providers across Sweden. With a team of 9 skilled employees and an annual turnover of approximately SEK 30 million, the company offers tailored solutions in installation, testing, commissioning, project management, and maintenance of both new and old electrical facilities.
The acquisition aligns with SELATEK's growth strategy, aiming to enhance its service offerings and customer value. Magnus Löfgren, CEO of SELATEK, expressed enthusiasm about the acquisition, stating, "We are very pleased to welcome Elektromontage Power to SELATEK. The company has a strong technical profile in high voltage and complements our existing operations excellently. The acquisition also establishes us in Östergötland - a new and important region for our continued expansion."
Joakim Ahlberg, CEO of Elektromontage Power, echoed this sentiment, highlighting the natural progression of joining SELATEK, which would allow them to continue their development with the support of a larger group while contributing their specialized expertise in power and high voltage.
For investors, this acquisition represents a strategic move by SELATEK to solidify its position in the energy sector, particularly in high voltage installations, which are in increasing demand as industries and infrastructure continue to evolve and grow. The expansion into Östergötland could open up new opportunities for SELATEK, potentially leading to increased market share and revenue growth.
Considering the strategic benefits and the potential for growth, investors might view this as a positive development for SELATEK. The acquisition could enhance SELATEK's competitive edge and provide a platform for further expansion in Sweden's energy sector. Therefore, holding onto SELATEK's stock could be a prudent decision as the company navigates this growth phase.
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Sammanfattning
SELATEK har förvärvat Elektromontage Power, ett företag specialiserat på kraftmontage och högspänningsinstallationer, vilket stärker SELATEK:s tekniska erbjudande och markerar deras första etablering i Östergötland. Elektromontage Power, baserat i Norrköping, erbjuder tjänster inom låg- och högspänning och har 9 anställda med en årlig omsättning på cirka 30 miljoner kronor. Förvärvet innebär att Elektromontage Powers nuvarande VD och delägare fortsätter i sin roll och blir delägare i den samlade koncernen. Både SELATEK:s och Elektromontage Powers ledning uttrycker entusiasm över samarbetet och ser fram emot att utveckla starkare lösningar för sina kunder.