The industrial company Sustainion saw its strongest quarter to date with the Q3 report. Organic growth rose to 31.8 percent, far above last year and its own target, and the share is up nearly 60 percent this year, with most of the increase in the past month. This week the company switched its listing to Spotlight Select.– The positive reports, more coverage and interviews by analysts, and the switch of listing have meant that more people have taken notice of us and see that we can deliver. It is a combination of several factors, says CEO Brodde Wetter to Finwire.So what does the Spotlight Select listing mean for the company?– It is a natural step. From the start we have built the company with the goal of being suitable for listing and of being on the right list, so the bar has always been set high. When we looked at Spotlight Select we saw that for the most part we already met the requirements, and then the decision was easy. The listing gives us more visibility, acts as a mark of quality and makes more people dare to invest. That we are also one of only seven companies on the list reinforces the signal further, says Brodde Wetter.Sustainion consists of six subsidiaries, with three having been particularly important in recent times:Skårebo Energi, EHC Teknik and EWF Eco. Skårebo Energi specializes in electric-vehicle charging and sells both chargers and its own range of accessories. The company is growing steadily in Sweden and is gaining market share in, among other places, Denmark, the Netherlands and Poland.– Skårebo Energi has been our biggest contribution during the period. They are purely focused on charging infrastructure and combine strong fundamentals with high quality in customer support, which is difficult for traditional wholesalers to match.EHC Teknik manufactures particulate filters for vehicles and benefits from increased needs associated with the defense build-up in Europe, which has provided a clear lift.The third company, EWF Eco, sells compacting and connected waste bins that make it possible to predict emptying needs and streamline resource use. A major prestige order from Copenhagen Airport before the summer has further strengthened the development.Sustainion has more acquisitions in sight and wants to continue building the group.– We are cautious with forecasts, but explicitly we want to grow both organically and through acquisitions. The goal is two to three acquisitions per year, which requires a continuous inflow of opportunities. They must be sensible and well-fitting acquisitions where we can help scale up the business. The focus is relatively broad and Brodde Wetter describes it as being relatively opportunistic within their areas.– We want to invest in companies that are good for the owners and for the planet. We already have several pillars within the group and there is nothing to say that we cannot add more, but it is natural to look within areas where we already operate, where there is an underlying positive trend and where we have expertise and can contribute. The focus is always on profitable companies.What does Sustainion primarily contribute to the companies that are acquired?– Much is about business development and active management and board work. We have entrepreneurs in the group with backgrounds across many industries, especially automotive, both internal combustion engines and electrification. We also have extensive experience in manufacturing, optimization and inventory management. We review cost structures, services, suppliers and work actively with digital development.Synergies are not the main focus, but they often arise.– That should really not be the main reason, but it becomes a plus along the way. The companies should stand on their own feet, but we create added value through a CEO network and joint procurements where it fits.Sustainion describes itself as a long-term company-building effort.– We have no exit strategy and have a clear ambition to grow. It would only become relevant to leave a company if we can no longer contribute, or if the business naturally moves in a direction that does not fit the group, concludes Brodde Wetter.Footnote: Spotlight Select requires, among other things, a market value over SEK 150 million, at least 25 percent free float, IFRS reporting and that the company follows the Swedish Corporate Governance Code.