# Ensto acquires majority stake in Arcteq Relays

Ensto Oy has acquired an additional 55% stake in Arcteq Relays Oy, increasing its ownership to 75% (from a previous 20%). The contract was signed on December 20, 2021. 25% remains with current owners.

- Type: Acquisition
- Announced: 2021-12-20
- Where: Finland
- Status: completed
- Products: protection relays, arc flash protection systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Ensto](https://endata.com/companies/47041.md) (acquirer)
- [Arcteq Relays Oy](https://endata.com/companies/48256.md) (target)

## Sources

- [arcteq.com](https://www.arcteq.com/ensto-has-acquired-a-majority-stake-in-arcteq-relays-oy/), 2021-12-20: "Ensto Oy has acquired a 55% stake in addition to its previous 20% stake in Finnish, privately owned Arcteq Relays Oy."

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