Beijer Tech AB acquired 100 % of the shares in Encitech Connectors AB in Halmstad. Lars Weibull AB acted as the sell side advisor in the transaction.
Encitech is a swedish manufacturer and distributor of electronic components for the industry.
Beijer Tech AB is a Nordic industrial Group . It is one of the three listed divisions of Beijer Alma AB. Beijer Alma and with a majority of votes controlled by the Family, Anders Wall and foundations. Beijer Alma acquires companies with a long-term perspective. Much of the profit is donated to research, culture and education by Anders Walls Foundations.
Beijer Techs CEO, Staffan Andersson comment the deal: ”I am glad that we have acquired this profitable and well managed company with good growth opportunities. We are looking forward to develop the company further together with the previous owner.”
For more information, please contact Project Manager Daniel Pålsson on +46(0)725-459375.