Teqnion
Teqnion acquires Awarded 2U Limited
Teqnion AB has signed an agreement to acquire all outstanding shares in Awarded 2U Limited.
Awarded 2U, based in Herefordshire is one of UK's leaders when it comes to providing corporate customers with custom-made awards. The company is handling every step of the process in-house, from design to final production. The success of the company stems from their customer-centric focus, long-proven reliability and creativity. Awarded 2U's vast range of customers include among others Premier League, BBC, Aston Martin and Mercedez-Benz.
The company was founded by Debbie Jackson in 2008. She will continue to run the ship after the transaction as the CEO of the company
Awarded 2U's average revenue for the last 3 years have been around ~£2.5M with robust margins.
"I am thrilled to be joining an ambitious and growing group such as Teqnion. I am confident that Teqnion and Awarded 2U will thrive together and develop on each other's backs. We will continue to showcase our market expertise by designing some of the most exquisite awards. I look forward to partnering with Daniel, Johan, and the rest of the team" says Debbie Jackson, CEO of Awarded 2U.
"Awarded 2U offers stunning pieces of inspirational art to its customers award winners, those who deserve the best. Debbie and her team have the design expertise and strong industry relationships that have made them the top choice for some of the most prestigious companies and organizations. We just won an award!" says Johan Steene, CEO of Teqnion.
The acquisition is effective immediately and is not expected to have any significant effect on Teqnion's 2025 fiscal year financials.
Read more https://www.awarded2u.com/ 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.
Redeye AB is Certified Adviser.
Datum | 2025-02-20, kl 12:08 |
Källa | beQuoted |
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