Addtech AB engages in the development and selling of components and equipment to the mechanical, automotive, telecommunications, and electronics industries. It operates through the following segments: Components, Energy, Industrial Process, and Power Solutions. The Components segment distributes parts and sub-systems in the manufacturing sector. The Energy segment manufactures and markets products used in electrical safety, installation, and connection technology. The Industrial Process segment develops and trades motion technology, power drives, and polymeric solutions. The Power Solutions segment offers energy storage and battery packs. The company was founded by Arvid Bergman and Fritz Beving in 1906 and is headquartered in Stockholm, Sweden.