Addtech stock: company reports 82 percent acquisition of Mechanical Power Transmission
Published on 10/06/2026 at 17:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On October 5, 2026, Addtech reported that its Industry business area had signed an agreement to acquire 82 percent of Mechanical Power Transmission Ltd. The transaction closed on October 2, 2026, according to the Addtech release published through Cision.
UK industrial technology business
Mechanical Power Transmission operates under the DePe Gear brand and manufactures custom-engineered gears, transmissions and mechanical driveline components. Its customers operate in defense, energy, rail, aerospace and mining, the release said.
The company is headquartered in Stoke-on-Trent, United Kingdom, employs 57 people and has annual sales of about GBP 10 million. Addtech said the acquisition is expected to have a marginally positive effect on earnings per share during the current fiscal year.
