2005: New business area and increased exports
In early 2005, Meditech is acquired, changing its name to Addtech Life Science and forming an independent business area. The Group now has subsidiaries in the Nordic countries, the UK, Germany, Poland and Austria. Since Addtech’s listing in 2001, some 40 company acquisitions have been completed. The telecom crisis hit Addtech hard, but also served as a valuable lesson.
2001: Addtech is born
In the early 2000s, Bergman & Beving divided its operations into three independent subsidiaries, each of which was listed on the Stockholm Stock Exchange. Addtech was built on Bergman & Beving’s Industry business area, which had sales of slightly less than SEK 2.5 billion and approximately 1,100 employees.
1976: Listing and Nordic expansion
Bergman & Beving was listed on the stock exchange in November 1976. A listing which, according to the annual report for that year, was welcomed by customers, suppliers and personnel. In the 1970s, with its first corporate acquisitions in Norway, Finland and Denmark, it took the step out into the Nordic region, deliberately broadening its geographical base, both in terms of customers and proprietary companies.