Wexøe A/S today announced that it has signed an agreement to divest its Power and Building Infrastructure divisions to UTU Group, a Finnish, family-owned industrial group with a strong Nordic presence. The transaction marks an important strategic step for both companies and is expected to strengthen long-term opportunities for customers, employees, and partners across the region.

Wexøe A/S is a Danish, family-owned company delivering solutions and products within electrification, automation, and industrial infrastructure.
UTU Group is also a family-owned company built on long-term thinking, trust, and close customer relationships. With established operations in Finland, Norway, and the Baltic countries. This transaction expands UTU’s Nordic footprint to include Denmark.