Successful entrepreneurial companies on a large scale
The Group has more than 2,300 employees in around 130 subsidiaries, generates annual sales of approximately SEK 8 billion and sells to around 20 countries.
Freedom with responsibility is the core principle that applies throughout the organisation. 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 through its Board of Directors.
Success factors: A small-scale approach on a large scale
Addtech combines the flexibility, personality and efficiency of a small company with the resources, networks and long-term approach of a large business.
Profitable growth is achieved through continuous business and organisational development. This takes place in all of Addtech’s subsidiaries. In addition, the Group develops through the acquisition of new subsidiaries, enabling expansion into new markets and a wider range of niche products and services.
Addtech shares are listed on Nasdaq Stockholm. Addtech’s financial year is 1 April to 31 March.
Freedom with responsibility
Addtech’s success is based on efficient and decentralised corporate governance. Freedom with responsibility means that the subsidiaries are free to run and develop their operating activities provided they follow addtech’s business model, financial targets and group-wide rules. Acquisitions are also an important part of business and organisational growth for subsidiaries. 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. 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 Packaging Pak and Volvo.