# Addtech acquires Arruti Group

Addtech Energy, a business area in the Addtech Group, has acquired 100% of the shares of Arruti Group, a Spanish company that develops, manufactures and sells components for electrical transmission lines and substations. Arruti has 90 employees and annual sales of approximately €27 million.

- Type: Acquisition
- Announced: 2022-06-03
- Where: Bilbao, Spain
- Jobs: 90
- Status: completed
- Products: components for electrical transmission lines and substations
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Addtech](https://endata.com/companies/6928.md) (acquirer)
- [Arruti Group](https://endata.com/companies/63283.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/addtech/r/addtech-acquires-arruti-group,c3579936), 2022-06-03: "Addtech Energy a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Arruti Group."

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