# Addtech acquires AVT Industriteknik AB

Addtech Automation, a business area in the Addtech Group, signed an agreement to acquire all shares of AVT Industriteknik AB, a designer and manufacturer of industrial automation equipment.

- Type: Acquisition
- Announced: 2021-05-11
- Where: Sweden
- Jobs: 42
- Status: completed
- Products: industrial automation equipment, PLC programming, industrial robots, vision technology
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Addtech](https://endata.com/companies/6928.md) (acquirer)
- [AVT Industriteknik AB](https://endata.com/companies/55039.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/addtech/r/addtech-acquires-avt-industriteknik-ab,c3344466), 2021-05-11: "Addtech Automation, a business area in the Addtech Group, has today signed an agreement to acquire all shares outstanding in AVT Industriteknik AB."

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