CapEQ Advises UAB Selteka on its Sale to Inission AB

Target Company

UAB Selteka

Acquirer Company

Inission AB

Advisor Role

Exclusive M&A Advisor to the Shareholders

Sector

Industrial & Technology

Subsector

Electronics Manufacturing Services (EMS)

Location

Stockholm, Sweden

Transaction Overview

Date: July 2025
Role: Exclusive M&A Advisor to the Shareholders
CapEQ is pleased to announce the successful 100% sale of UAB Selteka to the Stockholm-listed Inission AB. Based in Kaunas, Lithuania, Selteka is a premier provider of electronics manufacturing and design services. CapEQ identified Inission as the ideal strategic partner to support Selteka’s next phase of growth, managing the cross-border negotiations and facilitating a transaction valued at €8 million.

Acquisition Rationale and Impact

Northern European Leadership

The acquisition significantly strengthens Inission’s footprint in the Baltic region, positioning the group as a dominant EMS partner in Northern Europe.

Operational
Excellence:

Selteka brings a high-calibre production facility and an experienced workforce of 280+ staff, complementing Inission’s decentralised subsidiary model.

Market
Expansion

The deal opens doors to new sectors, particularly in industrial electronics, telecoms, and energy, while providing Selteka’s customers with access to a larger international network and increased resources.

Transaction Insights

Quote from the Acquirer: „With Selteka, we gain a strong foothold in the Baltics. Their long history and technical expertise make them an important piece of the puzzle in our international expansion.” — Fredrik Berghel, CEO of Inission AB.

Quote from the Advisor: „This deal represents a perfect strategic fit. By connecting a high-performing Lithuanian manufacturer with a Swedish market leader, we have created a powerhouse that benefits from immense economies of scale and shared engineering excellence.” — Audrius Sankalas, Lead Advisor at CapEQ.

About UAB Selteka

Founded in 1956 and based in Kaunas, Lithuania, Selteka is a trusted provider of Electronics Manufacturing Services (EMS). The company offers end-to-end solutions from design to full-scale production, serving clients across Europe in sectors including industrial electronics, telecoms, energy, and smart building IoT.

About Inission AB

Inission is a leading Nordic contract manufacturer of industrial electronics and mechanics. Listed on the Nasdaq Stockholm, the group offers services throughout the entire product life cycle. With the addition of Selteka, Inission continues its strategy of growth through the acquisition of strategically selected, high-quality operations.