# Ernströmgruppen acquires 80% stake in Spica Technology

Ernströmgruppen AB has acquired 80% of shares in Spica Technology, a Danish provider of electrical solutions for the wind industry. Spica will become part of Ernströmgruppen's Automation & Electrification business area.

- Type: Acquisition
- Announced: 2024-12-17
- Where: Silkeborg, Denmark
- Status: completed
- Products: electrical solutions for wind energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ernstromgruppen](https://endata.com/companies/2005.md) (acquirer)
- [Spica Technology](https://endata.com/companies/81813.md) (target)

## Sources

- [spicatech.dk](https://spicatech.dk/about-us/press/ernstromgruppen-joins-spica-technology-new-long-term-partnership-established/), 2024-12-17: "Ernströmgruppen is the long-term partner we were looking for."

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