Addtech Nordic AB signed an agreement to acquire Goodtech Products As from Goodtech ASA (OB:GOD) for NOK 28 million on January 27, 2016. Goodtech Products generated sales of NOK 85 million. The transaction is expected to have a marginally positive effect on Addtech's earnings per share during the current financial year. The transaction is expected to close in the beginning of February, 2016. Aabo-Evensen & Co Advokatfirma AS acted as legal advisor for Goodtech ASA.

Addtech Nordic AB completed the acquisition of Goodtech Products AS from Goodtech ASA (OB:GOD) on January 31, 2018. Goodtech Products AS had profit after tax of NOK 1.8 million, equity of NOK 12.3 million and Total assets of NOK 32.8 million as of December 31, 2015.