Hauff-Technik acquires Electro Trading and expands its international footprint
With the acquisition of the Swedish company Electro Trading ET AB on 1 January 2025, Hauff-Technik GmbH & Co. KG is strengthening its international portfolio.
As an importer and distributor of products for power grids and distribution, renewable energies, construction and infrastructure, Electro Trading generates an annual turnover of around 5 million Euro. The company is headquartered in Bromma near Stockholm, with a further location in Kristianstaad.
Dr Michael Seibold, Managing Director of Hauff-Technik: ‘With this acquisition, we are now continuing our international expansion. Electro Trading offers Hauff-Technik direct access to the Scandinavian market and strengthens our internationalisation strategy.’
‘When looking for a new owner for Electro Trading, the entrepreneurial development perspective was particularly important to me,’ says Ulla Wihlborg, former sole shareholder of Electro Trading. ‘Hauff-Technik and Electro Trading have enjoyed many years of successful co-operation. The two companies can now build on this partnership and open up new market opportunities in the rapidly growing infrastructure market. Hauff-Technik's high level of sales and marketing expertise in particular will accelerate the company's growth.’ Patrik Wihlborg, Managing Director of Electro Trading, will continue to manage the company in the future.
As an importer and distributor of products for power grids and distribution, renewable energies, construction and infrastructure, Electro Trading generates an annual turnover of around 5 million Euro. The company is headquartered in Bromma near Stockholm, with a further location in Kristianstaad.
Dr Michael Seibold, Managing Director of Hauff-Technik: ‘With this acquisition, we are now continuing our international expansion. Electro Trading offers Hauff-Technik direct access to the Scandinavian market and strengthens our internationalisation strategy.’
‘When looking for a new owner for Electro Trading, the entrepreneurial development perspective was particularly important to me,’ says Ulla Wihlborg, former sole shareholder of Electro Trading. ‘Hauff-Technik and Electro Trading have enjoyed many years of successful co-operation. The two companies can now build on this partnership and open up new market opportunities in the rapidly growing infrastructure market. Hauff-Technik's high level of sales and marketing expertise in particular will accelerate the company's growth.’ Patrik Wihlborg, Managing Director of Electro Trading, will continue to manage the company in the future.
