Inission AB has acquired UAB Selteka, a Lithuanian electronics manufacturing services provider, to enhance its market position in Northern Europe.

Information on the Target

UAB Selteka, a prominent electronics manufacturing contractor based in Kaunas, Lithuania, has been acquired by Inission AB, a Swedish contract manufacturing group. This acquisition aims to solidify Inission's market position in Northern Europe. On July 1, 2025, Inission completed the acquisition of 100% of Selteka's shares.

Established in 1956 as the Kaunas Radio Factory, Selteka transitioned to its current name in 1997. With a workforce of 280 employees and a reported turnover of €16 million in 2024, Selteka has built a reputation as a reliable provider of electronics manufacturing services (EMS). The company offers a comprehensive array of solutions, from design and prototyping to full-scale production, catering to sectors such as industrial electronics, telecommunications, energy, and automotive.

Industry Overview in Lithuania

The electronics manufacturing sector in Lithuania has garnered significant growth over the past several decades. Lithuania benefits from a skilled workforce, extensive industrial know-how, and a favorable