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Denmark to Acquire Air Defense Systems Valued Over $7.3 Billion
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Dagens industri
Photo by Jinyang Liu on Unsplash
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Key takeaways
- A sponsored article in *Dagens industri* highlights Ependion, a Swedish technology group specializing in digital solutions for industrial applications
- The company, structured into two business units—Westermo and Beijer Electronics—has set an ambitious target of achieving at least 10% annual organic growth
- Westermo holds a leading market position in communication networks for the rail industry and a strong presence in the energy sector, benefiting from the ongoing digitalization of power grids
A sponsored article in *Dagens industri* highlights Ependion, a Swedish technology group specializing in digital solutions for industrial applications. The company, structured into two business units—Westermo and Beijer Electronics—has set an ambitious target of achieving at least 10% annual organic growth.
Westermo holds a leading market position in communication networks for the rail industry and a strong presence in the energy sector, benefiting from the ongoing digitalization of power grids. Beijer Electronics offers operator panels for the marine industry, where a pronounced shift toward sustainability is a significant growth driver.
According to CEO Jenny Sjödahl, Ependion's expansion is propelled by enduring global trends, including digitalization, electrification, and the imperative to modernize critical infrastructure. The company's strategic approach encompasses both organic expansion and judicious acquisitions. A recent example is the purchase of the German firm Welotec, which bolsters its energy segment. Ependion operates in 21 countries and is committed to collaborating with customers on their digital transformation journeys. This article was produced by Brand Studio in partnership with Ependion and does not represent the editorial content of *Dagens industri*.
Related Topics
DenmarkAir Defense SystemsDefense SpendingMilitary ProcurementNational Security
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