Ependion Pursues Ambitious Growth Strategy with Major Developments in 2025
Ependion reveals its growth strategy targeting 10% organic growth through acquisitions and innovations in digital solutions.
- • Ependion aims for at least 10% annual organic growth.
- • The company focuses on digital solutions for industrial applications.
- • Recent acquisition of Welotec strengthens Westermo's position in energy.
- • Beijer Electronics emphasizes sustainability in marine applications.
Key details
Ependion, a Swedish technology company, is actively pursuing an ambitious growth strategy, aiming for at least 10% annual organic growth. This growth is driven by key global megatrends and is supported by strategic acquisitions, particularly in its two main business units: Westermo and Beijer Electronics.
Westermo has solidified its position as a leader in onboard communication networks for trains and is set to benefit from recent cybersecurity regulations that incentivize modernization. The company recently enhanced its capabilities in the energy sector through the acquisition of the German firm Welotec, which is significant amid the ongoing digitization of power grids.
Beijer Electronics, focusing on Human Machine Interfaces (HMIs) in the marine industry, has made substantial investments in sustainable technology, aligning with broader demands for environmental responsibility. The unit has seen considerable transformation under CEO Jenny Sjödahl, who described their technology as "the best on the market."
With a presence in 21 countries and production facilities globally, Ependion is positioned within less cyclical markets where trends in digitalization and electrification are creating strong demand. Reflecting on the future, Sjödahl emphasized the company's role as a partner for clients in their digital transitions while committing to contribute to a sustainable and secure industrial landscape.