Teqnion AB
178.00
SEK
-3.20
(-1.77%)
ISIN
SE0012308088
Return %
Stock
S&P 500
1Y
0.11
14.20
3Y
-7.87
81.12
5Y
55.46
68.34
Capital Structure
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in mil. unless spec.Working Capital
SEK
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in mil. unless spec.Growth Rates
SEK
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in mil. unless spec.Quarterly Revenue
SEK
•
in mil. unless spec.Quarterly Earnings Per Share
SEK
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in mil. unless spec.Quarterly Dividends Per Share
SEK
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in mil. unless spec.Company Description
- CEO
- Johan Steene
- Full Time Employees
- 614
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Dalvägen 14 Solna AB Sweden 169 56
- IPO Date
- Apr 4, 2019
- Website
- teqnion.se
- Similar Companies
- Business
- Teqnion AB (publ) is a Swedish industrial conglomerate founded in 2006 and headquartered in Solna that acquires and actively owns independent subsidiaries operating in narrow technology niches across diverse industries including laboratory equipment, electrical systems, manufacturing, defense, aerospace, medical devices, construction, and energy; the group organizes its approximately 30 subsidiaries into business areas of Industry, Growth, and Niche Products, offering specialized products and services such as wooden building components and detached houses from Grimstorps Byggkomponenter and Hem1, electromechanical and electronic components from Inkom, surge protection/lightning protection/uninterruptible power supplies from Elrond Komponent, foldable electric wheelchairs from Eloflex, energy-efficient air compressors from Avelair, custom vehicle transporters from Belle Coachworks, laboratory instruments and consumables from Cellab Nordia, contract manufacturing for sheet metal and chip-cutting metalwork from CMW and Stans & Press, tombstones from Edurus Gravstenar, measuring transformers and relay protection from Injab, stainless steel fittings for professional kitchens from Kema, LED luminaires from Narva Scandinavia, audio transformers from Lundahl Transformers, professional coolers/freezers from Markis City, commercial fuelling equipment from Merridale Ltd, special fasteners/machined components from Midland Special Fasteners, cremation furnaces from Mitab, hardwood bog mats for ground protection from Birkett Bogmats, technical polymers for medical applications from Norlin Polymers, custom data center enclosures from Nubis, weapon alignment systems from Schill Reglerteknik, industrial weighing/process control/labeling from Teltek, refrigeration blind systems from Thermasolutions, custom lanyards from UKLM, TMA vehicle equipment from Vicky Teknik, special automotive tools from Wallmek, gas turbine maintenance from WiMa Propulsion, acoustic target indication for military shooting from Air Target, pathology/histology solutions from INNOGUARD, dispensers/pumps for liquids from Stanwell Technic, and servo components for aerospace/defense from HT Servo; operations span primarily the Nordic region with growing presence in the UK, Ireland, and select EU markets targeting industrial, professional, military, healthcare, and commercial customers. The company pursues growth through acquisitions of profitable niche firms with turnovers of SEK 25-150 million, financing roughly half with internal cash and half with bank debt, including a SEK 175 million rights issue in 2023 for enhanced flexibility, its Nasdaq First North IPO in 2019, multiple 2024 acquisitions such as Avalara in the UK for recurring revenues, and 2025 deals encompassing Birkett Bogmats, HT Servo Ltd, Surge Protection, and over seven others primarily in the UK and Scandinavia to bolster diversification into defense, medtech, electrification, and international markets while maintaining decentralized management and group ROIC above 20%.