June 2026
Proprietary AI analyst is now available
Largest Electrical Parts & Equipment Public Companies in Sweden
Benchmark revenue and EBITDA valuation multiples for public comps like
Munters Group, AQ Group, Plejd, Fagerhult Group and PowerCell Sweden.
 | Munters Group AB is a provider of energy-efficient air treatment and climate control solutions predominantly within the food, pharmaceutical and data center and other sectors. The company operates in segments, which are: AirTech, Data Center Technologies, and FoodTech. The majority of the revenue is generated from its AirTech segment, which manufactures and markets products and solutions for controlling humidity and improving the indoor climate. Geographically, a majority of its revenue is generated from the United States and the rest from China, Germany, the United Kingdom, Canada, Sweden, and other markets. | $22 | +47% | $4B | $5B | 2.8x | 18.8x | ||
| AQ Group AB is a supplier of manufacturing and assembling tool-bound sheet metal and thermoplastic parts to demanding industrial customers. The company's business consists of the System and Component segments. The System segment includes Electric Cabinets and System Products business areas. The Component segment encompasses business areas of Precision stamping and Injection Molding, Inductive Components, Wiring Systems, Sheet Metal Processing as well as Special Technologies and Engineering. Majority of the revenue is derived from Component segment. It operates around the globe with majority revenue from Sweden. | $25 | +29% | $2B | $2B | 2.2x | 16.9x | ||
| Plejd AB develops products and services for smart lighting and home automation. | IoT+3 | $118 | +60% | $1B | $1B | 12.9x | 38.2x | |
| Fagerhult Group AB is a Swedish-based company that develops, manufactures, and markets professional lighting solutions. The company segments its brands in four business areas with similar focuses on customers and geographical coverage: Collection, Premium, Professional, and Infrastructure. The company's main market includes Europe, but also present in North America, Africa, Asia, and Australia. The brands of the company consist of atelje Lyktan, iGuzzini, LED Linear, WE-EF, Fagerhult, LTS, Arlight, Eagle Lighting, Whitecroft, Designplan, I-Valo and Veko. | $2 | -57% | $346M | $683M | 0.8x | 5.9x | ||
| PowerCell Sweden AB is a Swedish company active in the field of clean energy. It develops, manufactures, and produces environment-friendly electrical power systems for stationary, marine, off-road, and on-road segments. The company has developed a system of fuel cell platforms that are powered by pure or reformed hydrogen gas and generate electricity and heat without releasing any emissions other than water. The company also provides services like consultation, support, modification, and turnkey solutions to its clients for transitioning to hydrogen electrification. Geographically, the company generates a majority of its revenue from Norway, and the rest from the United Kingdom, Germany, the United States, Sweden, Norway, Italy, and other regions. | $3 | +21% | $189M | $189M | 4.4x | 256.3x | ||
| Intellego Technologies AB is engaged in designing visual indicators that enable to see the effects of invisible ultraviolet light. | $5 | -44% | $159M | $188M | - | - | ||
| Cavotec Group AB Formerly Cavotec SA designs and delivers connection and electrification solutions to enable the decarbonisation of ports and industrial applications. The company has two operating segments, Ports & Maritime and Industry. The Ports & Maritime segment, which derives maximum revenue, is engaged in the development, manufacture, and service of automation and electrification technologies for the ports and maritime sectors. The Industry segment is engaged in the development, manufacture, and service of electrification and radio control products for industrial applications, such as cranes, energy, processing and transportation, mining, and tunneling. Geographically, It generates maximum revenue from Europe, Middle East and Africa (EMEA), followed by Asia-Pacific and the Americas. | $1 | -28% | $138M | $148M | 0.8x | 13.9x | ||
| CTEK AB is a global supplier of 12V battery chargers for various vehicles in the premium segment and Sweden's second largest supplier of chargers and accessories for electric vehicle charging. | $2 | -8% | $109M | $126M | 1.4x | 7.4x | ||
| GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it also includes in-house production at two facilities. | $1 | -36% | $68M | $96M | 0.8x | 18.9x | ||
| Ferroamp AB offers energy and power optimization solutions for real estate. The technology offered by the company includes Solar string optimizer, Energy storage optimizer, Fireman switch, Adaptive equalization, and other Energy storage solutions. The group mainly serves property companies, energy consultants, and electric power companies. | $0 | +136% | $34M | $38M | 3.6x | (23.9x) | ||
| Heliospectra AB is engaged in the development of lighting systems for controlled environments using light-emitting diode technology. The company's offering is targeted at greenhouses and indoor growers of medicinal plants, foodstuffs, herbs, and microgreens, and academic and agtech researchers. The offering consists of total solutions that rest on three pillars: Lighting, control systems marketed under the brand name helioCORE, and services marketed under the brand name helioCARE. | $0 | -63% | $6M | $5M | 1.5x | (1.2x) | ||
| Median | $2 | -8% | $159M | $188M | 1.9x | 15.4x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.