Inission AB acquires Lithuania's Selteka
Inission solidifies Nordic-Baltic EMS leadership with Selteka acquisition
Inission solidifies Nordic-Baltic EMS leadership with Selteka acquisition
Lithuanian electronics manufacturing contractor UAB Selteka (“Selteka”) has been acquired by Swedish contract manufacturing group Inission AB to further strengthen market position in Northern Europe.
Kaunas-based Selteka joined the Stockholm-listed electronics group on 1 July 2025, with Inission acquiring 100% of shares.
Selteka is a trusted provider of electronics manufacturing services (EMS), offering comprehensive solutions from design to full-scale production. With a focus on productivity reliability and quality, Selteka partners with clients helping their products to be competitive in a dynamically evolving market and being timely supplied to their customers.
Selteka employs 280 staff and reported €16 million turnover in 2024. Founded in 1956 as the Kaunas Radio Factory, the company became Selteka in 1997, scaling production and design services to serve customers from industrial electronics to telecoms and energy in the Baltics and across Europe.
The acquisition of Selteka is part of Inission's long-term growth plan and strengthens its presence in Northern Europe. Each acquisition adds new expertise and strengthens the joint offering. Selteka's local presence, modern production and experienced staff complement Inission's existing structure. The company also has a loyal customer base in areas with continued high demand. As part of Inission, Selteka gains access to a larger network, more resources and the opportunity to grow further under a common brand, with local presence.
Inission CEO Fredrik Berghel explained: “With Selteka, we gain a strong foothold in the Baltics and open doors to new markets. It is an important piece of the puzzle in our international expansion and a step toward becoming an even more complete EMS partner.
“Selteka has a long history, strong expertise, and a solid reputation in the industry. Their experience and resources enhance our joint offering and create new opportunities for growth and development, both locally and across the entire Inission Group.”
Selteka CEO Arunas Vizgaitis added: “Our industry is in a period of rapid change, and the ensuing investment, innovation, workforce and skills demands are challenging to keep pace with. In such a situation smaller EMS companies need to find a strong niche or strong partners to stay competitive.
“I am staying in the company as CEO, and I’m looking forward to announcing to our customers and employees on opened our additional capabilities as we work more closely across the Inission group.”
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