Addtech acquires UK-based Connectors & Switchgear

Bitget2026/10/22 07:01

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Addtech's Energy business agreed to acquire 100% of Connectors & Switchgear, with closing scheduled for October 22, 2026.
The Banbury, UK-based company manufactures high-voltage connectors and related components for substations and switchgear.
It has 42 employees and annual sales of approximately GBP 10 million.
The acquired business will join Allied Insulators within the Energy Supply business unit, complementing its electrical infrastructure operations.
The acquisition is expected to have a marginal positive effect on earnings per share in the current financial year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Addtech AB published the original content used to generate this news brief via Cision (Ref. ID: 202610220300BITN____UKPR__EN_20261022-BIT-8308-0) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Addtech acquires UK-based Connectors & Switchgear

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