Addtech acquires ImpulseRadar

Addtech Industrial Solutions has acquired 88 per cent of the outstanding shares in the Sweden-based GPR solutions provider, ImpulseRadar. 

In a statement last month, Addtech‘s business area manager Daniel Prelevic said that the acquisition of Impulse Radar would be mutually beneficial.

“ImpulseRadar complements Addtech’s existing operations within the Industrial Solutions business area, specifically the infrastructure segment,” he said.

“We are delighted to conclude the signing and welcome them to the Addtech Group.”

The management team at ImpulseRadar will remain intact, and are pleased with the business decision.

“By becoming part of the Addtech network, we can accelerate our impressive growth journey to take ImpulseRadar to the next level,” they said.

“With a strong owner to support our strategy, we aim to capitalise on our current market position and expand more effectively internationally. Importantly, there will be no changes to our current operations or sales distribution network.” 

Addtech is a technology solution group that operates within specific market niches, adding both technical and economic value to high-tech products. Its customers belong primarily to manufacturing and infrastructure industries.

For more information visit the Addtech website

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