date:Jun 07, 2023
strong legacy of the brand.
Teqnion was the successful buyer, having been active in the MA space for a number of years across the UK, Ireland and mainland Europe.
The industrial group operates through multiple independent subsidiaries, acquiring scalable companies which can succeed in narrow technology niches.
Teqnion is listed on Nasdaq Stockholm and will continue to develop its decentralised subsidiary management philosophy.
Doug Gorton, sales and technical director of Stanwell, said: Teqn