SELATEK acquires Deltatec

SELATEK strengthens its position in the automation field through the acquisition of Deltatec, a well-renowned engineering firm specializing in tailor-made solutions within process and automation technology. Deltatec offers a comprehensive range of services - from consultation and project management to system design, engineering, and industrial IT - with focus on clients in the pharmaceutical and food industries, as well as the water & waste treatment and energy sectors.

Deltatec was founded in 2007 and has currently 14 employees with offices in Trollhättan and Stockholm. The Company's annual revenue amounts to approximately SEK 40m. The current owners will continue in their operational roles and remain as shareholders within the Group.

"We are enthusiastic about welcoming Deltatec to SELATEK. Deltatec is known for its technical expertise and will strengthen our existing offering within automation, while also broadening our presence in new segments such as pharmaceuticals and food. We see great opportunities with Deltatec in the group and look forward to growing and further developing the business area together." says Magnus Löfgren, CEO of SELATEK.

"We are very pleased to become a part of SELATEK and look forward to leveraging the additional resources to drive growth and development for our company. Together with our new colleagues, we look forward to strengthening our offering and our presence in the market, which will benefit our customers." says Patrik Storm, CEO of Deltatec.

For further information, please visit www.selatek.se, www.amplio.se or contact:

Magnus Löfgren, CEO, SELATEK, +46 702 09 66 14, [email protected]

Marcus Planting-Bergloo, Managing Partner, Amplio, +46 702 29 11 85, [email protected]

The following documents can be retrieved from beQuoted
20240229-Press-Release-Deltatec.pdf

Established in 2024 by the former Segulah team, Amplio is a Swedish private equity firm specialising in the Nordic lower mid-market with a strong track record and long experience of developing companies in close cooperation with skilled entrepreneurs, business leaders and industrial experts. Amplio has a distinct sector focus on Business Services and IT & Technology Services, combined with strong buy-and-build focus. To ensure long term structural growth we invest, with sustainability in focus, into markets fuelled by three major themes: 'Sustainable Solutions', 'Digital Business Efficiency' and 'Smart Urbanisation'.

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