Aterion Strengthens Its Finnish Presence Through the Acquisition of Etec Automation

The acquisition further strengthens Aterion’s position in Finland and adds broad expertise in electrification, industrial projects, and renewable energy solutions, supporting the group’s long-term Nordic growth strategy.

Founded in 1974, Etec Automation delivers a wide range of turnkey solutions, with core expertise in electrical engineering and extended capabilities in energy and infrastructure-related services. The company’s portfolio includes industrial electrification projects, energy distribution, and large-scale solar development. Etec Automation’s customer base includes power utilities, industrial firms and construction companies. Headquartered in Imatra, the company also operates in Lappeenranta, Kirkkonummi, and Seinäjoki.

“Becoming part of Aterion marks an exciting new chapter for Etec Automation. With Aterion’s support, we can accelerate our development, take on larger and more complex projects, and continue delivering reliable, high-quality solutions to our customers. We look forward to contributing to Aterion’s growing presence in Finland,” says Miko Huomo, CEO of Etec Automation.

“The acquisition of Etec Automation is an important step that further strengthens Aterion’s position in Finland. Etec Automation’s long-standing reputation, strong technical capabilities, and expertise in both industrial electrification and renewable energy make them a perfect fit for our group. Together, we are building a stronger Nordic platform that combines local entrepreneurship with the ability to deliver large-scale, sustainable energy solutions,” says Eric Johansson, Group CEO of Aterion.

The transaction is subject to regulatory approval.

For more information, please contact:

William Odlander
Head of M&A, Aterion
william.odlander@aterion.com

Eric Johansson
Group CEO, Aterion
eric.johansson@aterion.com