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Addtech acquires 82% of British MPT, adding £133M turnover

Swedish industrial group Addtech, via its Industry business area, agreed to acquire 82% of British Mechanical Power Transmission (MPT), a company with £133M turnover. The deal expands Addtech's UK footprint in power transmission components. Financial terms undisclosed; completion expected pending regulatory approvals.

Dagens Industriabout 12 hours agoSE, GBCredibility 28%View source

Score Breakdown

Mosaic Score2.0
Model confidence0.7
Significance0.1
Source credibility0.3

Intelligence Tags

#m&a#industrial#acquisition#addtech#uk

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