Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Press release

Ependion AB: Ependion's acquisition of the technology company Welotec has been completed

Ependion

Ependion AB announces that the business entity Westermo has completed the acquisition of all shares in Welotec GmbH, a German technology company based in Laer. Through the acquisition, Westermo strengthens its position in the fast-growing energy segment and gains access to complementary technology in Edge Computing.

The acquisition was announced on 2 April 2025 and has now been completed. Welotec will serve as the technology center for Edge Computing within Westermo, enabling synergies in sales and product development. The company has approximately 70 employees and reported revenues of around 24 MEUR in 2024, with an operating margin of 13.4 percent.

"Welotec is a well-managed and profitable growth company that strengthens Westermo's offering and our ability to accelerate growth in the energy segment", says Jenny Sjödahl, President and CEO of Ependion.
   

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.