Indutrade acquires Dutch electrification specialist Controlin
Indutrade has signed an agreement to acquire all shares in the Dutch company Controlin B.V., www.controlin.com, with annual sales of approximately EUR 12 million (SEK 130 million).
Controlin is a technical trading and application engineering company specialised in energy management, power management and industrial automation components and solutions. The company serves a broad range of industrial end markets, including the marine, infrastructure and utilities sectors, with applications such as micro-grids, data centres and solar parks. Its comprehensive offering includes controllers, current transformers and energy meters, complemented by system integration, customised configuration support and aftermarket services. Controlin was founded in 2002, has 26 employees and is located in Ridderkerk, The Netherlands.
“Controlin has a strong offering with high-quality products from leading brands and operate in structurally growing sectors underpinned by increased energy demand and electrification. I’m glad to welcome Controlin and the team to Indutrade”, said Bo Annvik, President and CEO of Indutrade.
Closing took place on 22 July and Controlin will be included in Indutrade's Business Area Process, Energy & Water. The acquisition is Indutrade's tenth in 2026 and is expected to have a marginally positive impact on Indutrade's earnings per share.