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Zenergy Acquires Konceptutvecklarna in Swedish Housing Module Market
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Heartspace News Desk
•Source: Dagens industri
Photo by Simon Kadula on Unsplash
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Key takeaways
- Swedish technology group Ependion, formerly Beijer Electronics, is implementing an ambitious growth strategy focused on digital solutions for industrial applications
- This strategy is propelled by global megatrends such as digitalization and electrification
- The company targets at least 10% annual organic growth across its two business units: Westermo and Beijer Electronics
Swedish technology group Ependion, formerly Beijer Electronics, is implementing an ambitious growth strategy focused on digital solutions for industrial applications. This strategy is propelled by global megatrends such as digitalization and electrification. The company targets at least 10% annual organic growth across its two business units: Westermo and Beijer Electronics.
To support its expansion, Ependion's Westermo unit, a leading provider of communication networks for the rail and energy sectors, recently acquired the German company Welotec. This acquisition aims to bolster Westermo's presence in the energy market. Meanwhile, the Beijer Electronics unit maintains a strong position in the marine sector, specializing in operator panels.
The article indicates that Ependion's growth is driven by the necessity to modernize critical infrastructure and by emerging regulations concerning cybersecurity and sustainability. For industry leaders, Ependion's approach of integrating organic expansion with strategic acquisitions underscores the escalating demand for secure and sustainable digital solutions within industrial settings.
Related Topics
ZenergyKonceptutvecklarnahousing modulesacquisitionSwedenreal estate
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