Translink Corporate Finance acted as the advisor to Elektromontage Power on its sale to SELATEK, a portfolio company of Amplio Private Equity

Translink Corporate Finance Sweden acted as a strategic and financial advisor to Elektromontage Power, a provider of low- and high-voltage services to industrial companies and power grid providers, on its sale to SELATEK, a portfolio company of Amplio Private Equity.

SELATEK strengthens its offering in power installations

SELATEK continues its growth journey by acquiring Elektromontage Power, a specialist company in power assembly and high-voltage installations. The acquisition represents a significant addition to SELATEK’s technical offering and marks its first establishment in Östergötland – a new and strategically important region for the group.

Elektromontage Power’s CEO to retain operational role in the consolidated group as co-owner

Elektromontage Power is based in Norrköping and offers a wide range of low- and high-voltage services to industrial companies and power grid providers throughout Sweden. The company has 9 employees and an annual turnover of approximately SEK 30 million. Its service offering includes customised solutions in areas such as assembly, testing, commissioning, project management, and maintenance of both new and older electrical systems. The current CEO and co-owner will continue in his operational role and will also become a co-owner in the consolidated group.

Comments from SELATEK

Magnus Löfgren, CEO of SELATEK, says, “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 means that we are establishing ourselves in Östergötland – a new and important region for our continued expansion. We look forward to developing our offering together and creating additional customer value.”

Comments from Elektromontage Power

Joakim Ahlberg, CEO of Elektromontage Power, says, “Becoming part of SELATEK is a natural next step for us. We look forward to continuing our development with the support of a larger group while contributing our specialist expertise in power and high voltage. Together, we can offer even stronger comprehensive solutions to our customers.”

Comments from Translink Corporate Finance

Fredrik Ullberg, Partner at Translink Sweden, adds, “It has been a pleasure to assist the owners of Elektromontage Power in finding a new partner for the journey ahead. We would like to thank Joakim and Roberth Karlsson (Managing Director) for their trust throughout the process, and we look forward to following Elektromontage Power as it becomes part of SELATEK.”