Netcontrol acquires fast-growing electrical engineering company Voltyx AB

Helsinki, Finland. June 5, 2024 – Netcontrol is pleased to announce that it has acquired a 100% stake in Voltyx AB, an electrical engineering company focused on project management, design and testing of electrical substations and systems.

Headquartered in Västerås, Sweden, Voltyx employs 13 people and is a strategic addition to Netcontrol’s customer offering. Netcontrol is the market leader in energy network automation in Sweden and together with Voltyx will be able to offer their customers a unique range of state-of-the-art products, engineering know-how and services. The acquisition will expand and diversify both companies’ customer bases, ensuring the capability of conducting larger projects and deliveries.

“We have been coworking with Netcontrol AB on various project deliveries during the last years and we are well acquainted with each other,” said Voltyx AB Managing Director Gustav Borg. “Now that we ‘open the doors’ between the companies, we see many positive synergies. In addition to us becoming a more complete player in the market, this will also offer our staff the opportunity for development and, in the long term, also give us greater opportunities to collaborate with schools to retain growth of talented employees in the future market.”

Netcontrol, established in 1991 in Helsinki, Finland, is an international company with 90 employees in 5 locations across Europe. Netcontrol specializes in products and services for energy network automation. The offering includes utility SCADA systems, secure connectivity and control of substations and grid automation solutions.

Voltyx AB, established in 2020, is an electrical engineering company focusing on project management, design and testing of electrical substations and systems. Voltyx AB became part of Netcontrol AB on June 1, 2024.

“In summary, we are very happy and proud that Voltyx AB has become a part of Netcontrol,” said Gustav Borg, Voltyx AB Managing Director.

Left: Örjan Eriksson, Managing Director, Netcontrol AB & right: Gustav Borg, Managing Director, Voltyx AB. Photo: Helen Shippey

Tommi Roine, CEO, Netcontrol Group
Phone: +358 20 1520 613

Örjan Eriksson, Managing Director, Netcontrol AB
Phone: +46 21 17 77 95

Gustav Borg, Managing Director, Voltyx AB
Phone: +46 73 533 29 93

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