NIB supports Addtech’s SME and SMC acquisitions

• NIB and Swedish investment holding company Addtech AB have signed a SEK 1.0 billion (EUR 92 million) loan.

• The 8-year loan will partly finance of Addtech's acquisitions of Small and Medium-sized Enterprise (SME) and Small and Mid-sized Corporate (SMC) in the Nordics and Europe during 2025-2028.

Addtech is a long-term owner of some 150 portfolio companies which supplies high tech products and solutions to industrial and infrastructure customers worldwide. It has over the years developed a successful scalable model to acquire profitable companies with high growth potential in selected industry niches. Addtech's business model combines active ownership with strict decentralization.

Once part of the Addtech Group, acquired companies gain improved access to funding, strategy and internalization support, as well as training in sustainability and climate reporting, providing the companies a stronger growth path than they would achieve on their own. By providing a loan to Addtech, NIB supports the growth of SMEs in the Nordics, Baltics and Europe.

"Future acquisitions by Addtech will provide the Nordic and Baltic companies in its portfolio with improved market access, expanded supplier networks, and greater opportunities for knowledge sharing and best-practice exchange," says André Küüsvek, NIB President and CEO.

"We are very pleased to have reached an agreement with NIB that diversifies and strengthens our financing structure. With our strong position and well-proven business model we can continue our successful growth journey with NIB as a partner," comments Niklas Stenberg, Addtech President and CEO.

Addtech AB, listed at Nasdaq OMX Stockholm, is a Swedish investment holding company operating in the industrial sector with around 4 900 employees. With history dating back to 1906, Addtech offering high-tech components to industrial and infrastructure customers. The company is organized to six business areas: Automation, Electrification, Energy, Industry, Process, and Safety.

NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody's.

Contacts:

Nicolas Audibert, Director, Country Lead Sweden, +358 10 618 0689, [email protected]

Arild Moen, Associate Director, External Communications Leads, +358 10 618 0496, [email protected]