Assemblin acquires Finnish electrical contractor Eltex Sähkö ja Automaatio Oy

Assemblin in Finland has acquired all of the shares in Eltex Sähkö ja Automaatio Oy (“Eltex”) with 25 employees and annual sales of approximately EUR 2 million. The acquisition further strengthens Assemblin’s electrical and automation expertise in Finland.

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Founded in 2005, Eltex is a company that specialises in electrical work for automation projects and has offices in Helsinki. The company began as a regular company of electricians but has now switched focus to working almost exclusively with automation projects. Eltex works for Finland’s leading system suppliers and has been involved in a number of major construction projects in Finland.

Eltex also performs maintenance and installation of gas monitoring equipment, installation of electrical systems and manufactures high-quality automation and control centres. The company’s principal customers are players in the construction and installation industry.

“Eltex is a highly professional and reputable company with operations that complement ours. With this acquisition, we strengthen our automation and electrical expertise, which broadens our offering and enables us to offer even better service to our existing customers,” says Jukka Jäppinen, Operations Manager at Assemblin Oy.

Eltex is characterised by a strong focus on customers and employees.

“We always strive to deliver high quality. Although we are proud of the operations we have built up, we believe that with Assemblin as our owner we can develop further and offer our employees additional development and career opportunities,” says Ville Leikas, President of Eltex Sähkö ja Automaatio Oy.

For further information, contact:

Mats Johansson, CEO and Business Area Manager Assemblin Finland, mats.e.johansson@assemblin.se, +46 10 475 39 60

Åsvor Brynnel, Head of Communications and Sustainability, Assemblin, asvor.brynnel@assemblin.se, +46 10 475 39 48

About Assemblin

Assemblin is an end-to-end installation and service partner with operations in Sweden, Norway and Finland. We design, install and maintain technical systems for air, water and energy. Our vision is to create smart and sustainable installations that make buildings work and people feel comfortable. We make this possible through close local collaboration and are supported by a strong organisation. We have annual sales of SEK 10 billion and about 6,300 dedicated employees at more than 100 locations in the Nordic region. Read more at assemblin.com.