Trans El Matic AB has been acquired by Ernströmgruppen. Moll Wendén was the seller’s legal advisor in the transaction.
Trans El Matic AB is a Swedish system supplier within the field of electric power and automation technology, and provides solutions to estate automation, distribution panels of lightning and heating, and distribution boards for small and large industrial applications. The company has a strong position on the market and is providing innovative and effective solutions from its facilities in Jönköping.
Along with its subsidiary Nässjö Elkonstruktion AB, Trans El Matic AB has a turnover of approximately 65 million Swedish kronor and employs about 35 people. Through the acquisition, Trans El Matic AB will become Ernströmgruppen’s fourth addition to its area of electrical engineering. The sale was conveyed by Lars Weibull AB.
Moll Wendén has advised the seller through Henric Stråth.
For additional information about the transaction, visit Lars Weibull AB:s website here.