Addtech announced that its business area Addtech Electrification has signed an agreement to acquire 100% of the shares in Nijhuis Engineering B.V.
Based in Dronten, Netherlands, Nijhuis develops and supplies patented system solutions for road and rail construction machinery. Its offerings include safety systems, load handling solutions, and electrical conversion systems, which are sold under the company’s own brand primarily to European retailers and end users within the railway segment.
Nijhuis employs 23 people and generates annual turnover of approximately 6 million euros. Following the acquisition, the company will become part of Addtech’s Mobility business unit, where it is expected to complement the group’s existing operations.
The transaction closed on May 19, 2026. Addtech said the acquisition is expected to have a marginally positive impact on its earnings per share during the current financial year.
Headquartered in Stockholm, Sweden, Addtech is a technical solutions group focused on creating technological and economic value between manufacturers and customers. The company operates in selected niches involving advanced technology products and solutions, primarily serving customers in manufacturing and infrastructure markets. Addtech has approximately 4,500 employees across more than 150 subsidiaries operating under their own brands and annual sales of about SEK 22 billion. The company is listed on Nasdaq Stockholm.
KEY QUOTES:
“Nijhuis will become a part of and complement our existing operations within the Mobility business unit.”
Per Lundblad, Business Area Manager, Addtech Electrification
“The acquisition is expected to have a marginally positive impact on Addtech’s earnings per share during the current financial year.”
Addtech AB
