# Nordic Drives Group acquires Tängmans Process Automation

Nordic Drives Group Holding AB, a portfolio company of MVI Fund II AB, closed the add-on acquisition of Tängmans Process Automation AB on November 26, 2025. TPA specializes in advanced automation solutions for industry and infrastructure in the Nordic region.

- Type: Acquisition
- Announced: 2025-11-26
- Where: Umeå, Sweden, Sweden
- Status: completed
- Products: advanced automation solutions, industrial electric motors, frequency converters
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [MVI Fund II](https://endata.com/companies/62877.md) (investor)
- [Nordic Drives Group Holding AB](https://endata.com/companies/88749.md) (acquirer)
- [Tängmans Process Automation AB](https://endata.com/companies/88750.md) (target)

## Sources

- [mvi.se](https://www.mvi.se/en/nyheter/nordic-drives-group-acquires-tangmans), 2025-11-28: "We are very pleased to welcome Henric and the team in our group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.