On November 26, 2025, Nordic Drives Group Holding AB acquired Tängmans Process Automation AB, enhancing its automation capabilities and market presence in Northern Europe.
Target Company Overview
Tängmans Process Automation AB (TPA) is a specialist automation company dedicated to providing advanced automation solutions primarily within the industrial and infrastructure sectors. Founded in 2004, the company is headquartered in Umeå, Sweden, and has a workforce spread across various locations in the country. TPA operates with a strong focus on industrial and infrastructural projects, underscoring its commitment to enhancing operational efficiencies in these vital areas.
With this acquisition, TPA becomes the sixth aftermarket company to join the Nordic Drives Group, thereby bolstering the group’s geographic presence and service capabilities in Denmark.
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Industry Overview in Sweden
The industrial automation sector in Sweden is characterized by a strong commitment to innovation and sustainability. With numerous industries relying heavily on automation technologies, Sweden has progressivel
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Nordic Drives Group Holding AB
invested in
Tängmans Process Automation AB
in 2025
in a Buy & Build / Roll-Up deal