Teqnion AB has acquired all outstanding shares in Cambs Compressor Engineering Limited.
Cambs, founded in 1992 and based in Cambridgeshire, UK specializes in compressed air systems and solutions for a wide range of industries. They provide system critical products and provide a full suite of services 24/7/365 from design to maintenance, service and compliance. The company has over the last decades enjoyed steady growth and robust margins due to the high level of customer satisfaction, their experienced labour and strong & long partnerships with key players within the sector. The company was founded by Mark and Annthea Fryer who will both continue with the journey together with us until internal succession is in place.
Cambs has delivered close to £2.2 million in revenue on average with robust margins for the last 3 years.
"I feel happy we have found a genuine win-win fit for the continual exciting future of Cambs Compressor Engineering Ltd, building even stronger links with Avelair via our new mutual owners Teqnion. Our moral compass and integrities, match perfectly with those of Daniel, Johan and the Teqnion team so they can continue to grow the company and develop our offerings in providing our highly valued clients/friends, with market leading compressed air advice, services and products to benefit their businesses, as well as supporting our amazing employees and suppliers" says Mark Fryer the outgoing Managing Director of Cambs Compressor Engineering Ltd
"Cambs is a wonderful team of great people with deep application knowledge in a focused niche and strong, long-standing customer relationships. It is exactly the kind of company we like to partner with." says Johan Steene, CEO of Teqnion.
The acquisition is effective immediately and is not expected to have any significant effect on Teqnion's 2026 fiscal year financials.
Read more at www.cambscompressors.co.uk and at www.teqnion.se.
For more information, please contact:
Johan Steene, VD, phone: +46 73 333 57 33, E-mail: johan@teqnion.se
Daniel Zhang, CXO, phone: +46 721 555 695, E-mail: daniel@teqnion.se
Teqnion AB
Dalvägen 14,
169 56 Solna
Phone: 08-655 12 00,
E-mail: info@teqnion.se
About Teqnion
Teqnion AB is an industrial group that acquires stable niche companies with good cash flows to develop and own with an eternal horizon. The subsidiaries are managed decentralized with support from the parent company. We operate in the majority of industries with leading products, which gives us good resistance to economic fluctuations as well as solid industrial know-how. For us, it is central to focus on profitability and long-term sustainable business relationships. Teqnion's shares TEQ are traded on the Nasdaq First North Growth Market.
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