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2019/2020 Meet Addtech company Valutec Skellefteå-based company Valutec offers the market’s broadest range of wood drying products. With more than 4,000 timber dryers delivered, the company is now a European [...] Addtech has a highly decentralised organisation where our companies have substantial freedom to act independently. At the same time, each company bears responsibility for meeting high expectations in terms [...] people who live close to the market, which is why Addtech is fully entrepreneur-oriented so that our companies can focus on their business and develop their operations in a sustainable direction. In our view

Three clear objectives for all companies Freedom with responsibility is the basic principle that permeates our organisation. Our companies are free to run and develop their own operations, as long as they [...] positive for both our companies and employees. Market leader in selected niches Addtech is a decentralised organisation comprising 140 entrepreneurial and independent Group companies. The common denominator [...] double our earnings every five years. Profitability = P/WC >45% The profitability of each subsidiary company should be at least 45 percent, measured as the relation between operating profit (P) and working

long-term perspective of a large company. Our unique culture Decentralised organisation This is how we generate sustainable growth Addtech’s success is based on our companies being free to run and develop [...] for the companies’ profitability and growth by injecting resources, exchanging knowledge and by being active owners, we safeguard sustainable growth over time. OUR GROWTH MODEL OUR COMPANIES Vision & [...] a Swedish publicly listed technical solutions group. Operations comprise 150 independent group companies selling high-tech products and solutions to customers, primarily in the manufacturing and infrastructure

Articles of association § 1 The registered name of the Company is Addtech Aktiebolag. Addtech is a public company (publ). § 2 The object of the Company's operations is, directly or indirectly, to acquire [...] corresponding to a maximum of 100 percent of Company shares. Class B shares may be issued in a number corresponding to a maximum of 100 percent of Company shares. Each class A share carries ten votes and [...] meetings of shareholders. All shares carry equal entitlement to participation in the Company’s assets and profit. If the Company decides to issue new class A or B shares through a cash or an offset issue, owners

opportunities for our companies. SUSTAINABILITY FOR ADDTECH Market leader in selected niches Addtech is a decentralised organisation comprising 150 entrepreneurial and independent Group companies. The common d [...] our most important success factor. Addtech has approximately 4,000 employees in 150 autonomous companies, operating in about 20 countries. Addtech works actively for diversity and equality throughout the [...] from solving technical issues to purchasing, production, logistics and distribution. Some of our companies maintain proprietary production of components, subsystems and special products under their own brands

for the profitability and growth of our companies. Our vision We are to be a leader in value-generating technical solutions for a sustainable tomorrow. Our companies are to be perceived as the most skilled [...] Swedish publicly listed technical solutions group. The business comprises about 150 independent companies that sell high-tech products and solutions to customers primarily in the manufacturing and infr [...] the best of both worlds: the financial strength, experience and broad network, of a major, listed company with the personal commitment and business acumen of the entrepreneur. Proven business model The

to our sister companies’ expertise in transmission,” Oliver says. “We can share ideas, transfer market awareness and develop our operations through forward-looking co-creation. Each company has its specific [...] equipment and components for electrical distribution and transmission lines and substations. The company also exports its technical solutions, primarily to the Middle East and New Zealand. “We offer a complete [...] stations up to 400 kilovolts,” says Oliver Scopes, Managing Director at Allied Insulators. The company has designed and manufactured insulators for more than 150 years. In addition to supplying standard

profits and shareholder value. New companies bring additional sales volumes, customers and expertise, and, in particular, motivated employees and entrepreneurs. New companies also bring new opportunities for [...] steps OUR GROWTH MODEL Constantly seeking new companies Acquisitions are an important part of Addtech's business model. We are always looking for companies that can strengthen existing operations or contribute [...] 1. Scalable business model with broad risk spread Shareholder value is based on our independent companies with their clear niche strategies and offerings with high technical content. Our scalable model

tomorrow. Our companies are to be perceived as the most skilled, durable and sustainable partner by our customers, suppliers and employees alike. OUR BUSINESS Three clear objectives for all companies Freedom [...] opportunities too. Three strategic choices in achieving our vision Market-leading niche positions Our companies are to be market leaders in selected technical niches with a high knowledge content. This establishes [...] establishes the conditions for a stable growth and long-term profitability. Operational agility The companies must be able to act quickly and agilely in response to new business opportunities. The Group must

products. Our customer base primarily comprises Nordic companies in the pulp & paper, chemical, oil and gas industry, as well as international companies in power plants and the marine sector. Contact person [...] BUSINESS UNIT Emission Control The business unit’s companies offer products and solutions to control and capture emissions, as well as secure process flows A strong driving force that generates business