The Danish knowledge and technology company Eltronic Group becomes a business Partner of Epcido. This cooperation will make both Eltronic Group and Epcido a stronger player in the global market of warehouse automation.
As of November 19, 2021, Eltronic Group became our business partner. In just six years, we have specialized in carrying out installation, service, and commissioning of distribution centers. E-commerce is a growing market, and as a result, the demand for intelligent and automized distribution centers is increasing.
On a project basis, technicians and project managers build complex warehouse systems and install automated equipment for e-commerce distribution. The partnership with Epcido enables Eltronic Group to expand its competencies within automation and strengthen its competitiveness globally.
Epcido greatly complements our other activities and will make us a stronger supplier in a broader technical area. Their business model ensures agility and competitive prices. In addition to this, their activities abroad can open doors for us internationally.
We will continue as an independent company, and the previous owners, Flemming Lorentzen, Mathan Apputhurai, and Paweł Rosiak will together retain the remaining 50 percent of the company. They will also continue their commitment to the operation and development of the company.
Jesper Rantala from Eltronic Group is selected new CEO of Epcido. Former CEO Mathan Apputhurai will step into a new role of Project Management Officer. Flemming Lorentzen, who is also Chairman of the Board, will continue in the position of Chief Sales Officer and Paweł Rosiak will step into the position of Chief Operating Officer.
We have accomplished a lot and come a long way with our business. Now, our goal is to grow even more and bring attention to meeting the great demand. As part of Eltronic Group, we can continue our journey, while we have a well-established and experienced group behind us
Jesper Rantala is also looking forward to the collaboration.
Epcido has managed to build a substantial company that we can develop together. We see great development potential. We will be looking into how we can scale the business and be equipped to meet the demand in the market now and in the future
We will be part of Eltronic Group in line with the other seven companies at the group’s disposal.
About . Group
Eltronic Group invests in SMEs with a focus on automation and digitalization, power-to-x, and x-to-power. Eltronic Group supports its operating companies to strengthen their competitiveness globally. Including Epcido, the group has eight operating companies.
