Consumer & Retail /
CTEK
2019 turnover
EUR 60m
No. of employees
~115
Acquisition date
June 2011
Fund
Fund III
CTEK is the global leader in battery management solutions offering a range of advanced switch mode battery chargers and related systems for consumers, professional users as well as through integrated systems in various industrial applications. From its base in Vikmanshyttan, Sweden, CTEK has developed top rated battery management solutions for more than 15 years that support customers in maintaining and optimizing battery performance.
Why we believe in CTEK:
- Fundamentally growing market tilted towards outperformance of more advanced battery management technologies
- Product offering well suited for online distribution channels with significant untapped potential
- Geographic expansion a tangible source of long term outsized growth
Team
Jon Lind
CEO