Censor has on behalf of the owners of Powermec AB acted as advisor and project leader in connection with the change of ownership when Addtech AB acquired Powermec AB.
Target
Powermec AB
Powermec develops and markets customized solutions within power supplies, electrical motors and electro mechanical components, primarily to OEM customers. Powermec has own establishments in Sweden, Norway, Denmark and Poland and is also exporting to other markets. The company has 26 employees and sales of around SEK 150 million.
Buyer
Addtech AB
Addtech is a technology trading group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and public sector. Addtech has about 2,400 employees in more than 100 subsidiaries that operate under their own brands. The Group has annual sales of about SEK 7 billion. The Addtech share is listed on NASDAQ OMX Stockholm.