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15/6/2026

SEG Electronics Becomes Part of Arteche Group

SEG Electronics is becoming part of Arteche Group, a leading international technology company in the energy sector.

This combination creates a strong industrial platform that brings together the capabilities of both companies and establishes excellent conditions and synergies for further growth, innovation,and international expansion.

Arteche has more than 75 years of experience in the energy industry. Today, the company operates in more than 175 countries, employs over 3,100 people worldwide, and generated revenues of approximately €508 million in 2025. With manufacturing and development facilities across Europe, North America, Latin America, Asia, and other international markets, Arteche is recognized as one of the world's established providers of technologies for electrical power transmission and distribution.

The energy sector is currently undergoing a historic transformation. The global electrification of industry and mobility, the expansion of renewable energy sources, the immense demand for new data centers, increasing requirements for grid security, stability, and reliability, as well as cyber security, the growing digitalization of energy systems and the use of artificial intelligence, are driving significant investments in modern power grids worldwide.

Against this backdrop, becoming part of Arteche Group opens up new opportunities for SEG. The combination of technological expertise, international market presence, and expanded development and manufacturing capabilities provides a strong foundation for accelerating innovation and supporting customers around the world even more effectively.

SEG will continue on the successful path it has pursued in recent years. Customers and partners will continue to benefit from the company's well-known strengths: technological expertise, high flexibility, uncompromising quality, and reliable collaboration.

At the same time, being part of Arteche Group creates additional opportunities to accelerate development processes, expand technological capabilities, and strengthen long-terminvestments in innovation and growth.

Daniel Nickerl, CEO of SEG, commented:

"This partnership creates outstanding prospects for SEG. Together with Arteche, we have the strength, experience, and international reach to consistently pursue our growth strategy.For our customers, this means additional innovative power while maintaining the high levels of reliability and quality they have come to expect from us."

Alexander Artetxe, CEOArteche:

„SEG becoming part of Arteche Group, forms part of the inorganic growth strategy set out in Arteche’s 2024–2026 Strategic Plan, “Energizing Futures Together”. We are bringing together technology, talent and proven expertise to complement the strong capabilities of our team, the very team that has made usworld leaders in auxiliary relays. In turn, the SEG team, with its technical expertise and track record in digital protection, provides a solid foundation for accelerating our roadmap and expanding our commercial reach in one of the fastest-growing and most significant markets for the coming years.”

Further information about Arteche:  https://www.arteche.com

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