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From 2012 onwards

See KAMIC Group history.


Sales continue to rise despite market uncertainty arising from the European debt crisis. In August, following a public tender offer on the stock market, ElektronikGruppen is acquired by a company in KAMIC Group. The ElektronikGruppen share is delisted from NASDAQ OMX with final day of trading on 27 September.


The market situation improves. The Group’s sales recover and the cost-cutting measures have positive effects. The Cyncrona companies are acquired and complement existing activities in the production equipment segment.


Fredrik Celsing takes over as President. The global financial crisis continues to inhibit sales and measures are taken to adapt costs and streamline the organisation. At the same time, the focus on Asia is intensified through the opening of a sales office in India.


After several years of economic growth, the global financial crisis hits and demand plunges sharply. A restructuring programme for manufacturing in the Products business area is started.


Through the acquisition of Finland-based Profec Technologies Oy, operations are established in the UK and the Group gains a production unit in Sri Lanka.


Good sales growth. Continued shift to products and system solutions with a high technical content.


ElektronikGruppen once again shows positive growth and healthy profitability. Opening of a sales office in Shanghai. Johan Ålander takes over as the new President.


Österlinds El-Agentur AB (electromechanical components) and Miko Components AB (displays and semiconductors) are acquired as part of the strategy to reduce dependency on the telecom sector and increase the technical and systems content in the offering. The Group’s production unit in the Philippines is sold.


Johnny Alvarsson takes over as President. Sincotron Holding AB, a supplier of equipment for electronics production, is acquired and forms a new business area. With the acquisition follows geographical expansion to Poland. The market climate then worsens quickly and this leads to a distinct slowing in the Group’s growth.


Powerful growth in the IT and telecom sectors is reflected in a sales growth of 40 per cent.


Manufacturing of inductive components is started at the company’s own factory in the Philippines.


The company changes name to ElektronikGruppen BK AB. Operations are established in Estonia.


The Group shifts its focus to pure agency sales. Several Nordic companies are acquired.


The company appoints a new Board of Directors and a new President who is also the principal shareholder, Bengt-Olof Larsson.


As a result of the economic recession and generally weaker profitability in the electronics industry the Group reports a substantial loss. The owners of Caterva Industri purchase all of the class A shares to enable ElektronikGruppen to acquire Caterva Industri. The changes in ownership lead to the loss of several agencies.


The first foreign operations are established in Denmark.


The company’s class B share is introduced on the OTC list of the Stockholm Stock Exchange. Operations are mainly in distribution of electronic components and agency sales.


The company changes name to BK Elektronik AB.

1922 – 1951

ElektronikGruppen is founded in 1951 under the name of Ingenjörsfirman Bo Knutsson AB. Its business is based on agencies for components used in the radio and TV industries.

However, Österlinds El-Agentur AB was founded by Hjalmar Österlind as early as 1922. This company was acquired by ElektronikGruppen in 2003.

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