tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Addtech Expands IT & Sensors Unit with Cubro Acquisition

Story Highlights
Addtech Expands IT & Sensors Unit with Cubro Acquisition

Claim 50% Off TipRanks Premium and Invest with Confidence

Addtech AB Class B ( ($SE:ADDT.B) ) has issued an announcement.

Addtech has announced the acquisition of 80% of Cubro Acronet GesmbH, a leading provider of datacom network monitoring, security, and analysis solutions. This acquisition, which will be finalized in January 2026, is expected to enhance Addtech’s IT & Sensors business unit and have a marginally positive impact on the company’s earnings per share for the current financial year.

The most recent analyst rating on ($SE:ADDT.B) stock is a Buy with a SEK346.00 price target. To see the full list of analyst forecasts on Addtech AB Class B stock, see the SE:ADDT.B Stock Forecast page.

More about Addtech AB Class B

Addtech is a technical solutions group that operates in selected niches in the market for advanced technology products and solutions. The company primarily serves the manufacturing industry and infrastructure, with a workforce of about 4,500 employees across more than 150 subsidiaries. Addtech is listed on Nasdaq Stockholm and generates annual sales of approximately SEK 22 billion.

Average Trading Volume: 337,997

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK88.08B

Find detailed analytics on ADDT.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1