Organisation

successful entrepreneurial companies on a large scale

The Group has more than 2,000 employees in around 120 subsidiaries. Freedom with responsibility is the core principle that applies throughout Addtech's decentralised organisation as we are convinced that the best business decisions are made close to the customer and the market.

BUSINESS AREAS AND BUSINESS UNITS CREATE EFFICIENCY AND DEVELOPMENT

Addtech works actively to utilise the organisation as efficiently as possible and its companies cooperate to varying degrees with one another. The organisation is structured into four business areas: Components, Energy, Industrial Process and Power Solutions. Addtech’s business areas consist of a number of business units corresponding to different market segments. The task of each business unit is to identify and capitalise on business opportunities in their respective market segments and create exchanges between subsidiaries. The business units therefore form the basis for Addtech’s strategy in which success factors are based on combining the flexibility, personality and efficiency of a small company with the resources, networks and long-term approach of a large business. 

DEVELOPMENT OPPORTUNITIES FOR SUBSIDIARIES

The independence of the subsidiaries is crucial in recruiting talented employees and entrepreneurs. Each subsidiary has the opportunity to grow and develop its operations, provided that it follows Addtech’s business model and framework. Addtech therefore does not micromanage its companies, and instead exercises active ownership. The parent company provides a range of tools that contribute to subsidiaries’ efficiency and profitability. These tools are available in areas such as law, accounting and finance, training, quality management and IT systems as well as in framework agreements (master contracts) for the purchase of services.

MARKET LEADER IN SELECT NICHES

The common denominator of the subsidiaries’ business concepts is that they market and sell technology products in select niches. Irrespective of whether the subsidiaries conduct technology trading or their own production operations, Addtech is a technology partner and specialist that helps its customers find the right technical solution and product. Acquisitions of new subsidiaries enable expansion to new markets and a broader range of niche products and services. The subsidiaries’ technological capabilities, long-term customer relationships and a good understanding of customers’ business have led to cooperation with world-leading companies including ABB, Ericsson, Nov Nordic, Sandvik, Tetra Pak and Volvo.