# KAMIC Group acquires Elsteel group

KAMIC Group signed an agreement to acquire all shares in Elsteel Holding Ltd, a manufacturer of steel enclosures for low voltage switchgear with subsidiaries in Denmark, Sri Lanka, India, and Poland. Elsteel has approximately 1,000 employees and annual turnover of more than EUR 30 million.

- Type: Acquisition
- Announced: 2025-03-26
- Where: Nivå, Denmark (head office); manufacturing in Sri Lanka, India, Poland, Denmark
- Status: announced
- Products: steel enclosures for low voltage switchgear, distribution boards
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [KAMIC Group AB](https://endata.com/companies/34634.md) (acquirer)
- [Elsteel Holding Ltd](https://endata.com/companies/83716.md) (target)

## Sources

- [kamicgroup.com](https://kamicgroup.com/index.php/en/2025/03/26/kamic-group-acquires-elsteel-group/), 2025-03-26: "KAMIC Group has signed an agreement to acquire all the shares in Elsteel Holding Ltd with its wholly owned subsidiaries in Denmark, Sri Lanka, India and Poland."

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