Sale of ETS Portsmouth Limited (“ETS Cable Components”) to Addtech Energy

ETS Portsmouth sold to Addtech AB has been acquired by Addtech acquires ETS Portsmouth Type: Business Sale

ETS Cable Components, the specialist distributors of industrial power cable components, accessories and equipment, has been acquired by Addtech Energy, part of the Addtech Group.

ETS Cable Components, based in Hampshire, supplies products, systems and services in the field of cable accessories for power cable installation, including cable cleats brackets, cable glands, cable lugs, flexible conduits, cable ties and cable tooling above all for the UK market.

Addtech Energy & Equipment AB, based in Stockholm is part of the Addtech Group and markets and sells battery solutions, power transmission products, and equipment and material to industrial production processes. Its products include industrial batteries, electrical power products, production machinery, and consumables.

Acuity worked with ETS Cable Components throughout the process, identifying Addtech and helping to secure the successful cross-border transaction.

quote We made a great choice with Acuity, Andy Lister showed a thorough understanding of our business and the market that we serve. I was really impressed with Acuity’s ability to access international buyers, and their dedication and attention to detail at the crucial final stages of the deal. We feel that Addtech is a really good fit for ETS, and all of us are looking forward to working together in the future. quote
Steve Gould, Founder & CEO ETS Cable Components

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