Dacke Industri bought 80 percent of Milan-based Blink S.r.l., maker of Blink CANbus keypads for harsh-duty vehicles and boats, on 21 July 2025.
Sweden’s Dacke Industri says the deal accelerates its European expansion and strengthens its electronics division. It aims to widen the offer to OEM customers that want complete control-system solutions rather than single components.
Blink’s management keeps the remaining 20 percent of shares and continues to run the Italian company inside the group.
Blink Canbus Keypads at The Core of Specialist Vehicles
Blink designs and manufactures CANbus keypads and digital switching systems for mobile applications. Its products sit at the human–machine interface, where drivers and operators control functions through sealed, programmable buttons instead of mechanical switches.
The company focuses on demanding sectors. Blink CANbus keypads appear in marine helms, motorsport dashboards, construction and off-highway machinery, and agricultural vehicles. Those environments punish electronics with vibration, dust, chemicals and water, so keypads ship in rugged housings with high ingress protection.
Blink’s portfolio includes compact and large keypads, rotary encoders and related CANbus modules. Customers can specify icons, colours and layouts, so OEMs and integrators tailor the interface to each machine or vessel.
Headquartered in Milan, Blink maintains a sales office in the United States and co-owns a sales office in Australia. The company employs about 22 people and reports annual turnover of roughly EUR 9 million, according to Dacke’s announcement.
Dacke Industri Adds Milan Hub to Its Electronics Division
Dacke Industri slots Blink into its Electronics division, alongside other specialised control-system and component businesses. The group expects cross-selling and technical collaboration between Blink and existing subsidiaries that build sensors, controllers and other electronic modules.
“We are pleased to welcome Blink S.r.l. into our group as we continue to expand in Europe,” says Lars Åleby, President Electronics at Dacke Industri and Chairman of Blink. “Their expertise in customer-specific systems complements our existing offering, and together we will strengthen the support we provide to customers across the region.”
Åleby points to combined strengths and long-term competitiveness as key goals for the transaction. The group frames the deal as another step in building a broader platform for control-system products and customised components.
Blink chief executive and co-owner Riccardo Arienti calls the move “a new and exciting chapter” for the Italian company. He says Blink keeps the flexibility and innovation that define its identity, while gaining access to the industrial scale and expertise of a larger owner.
What The Deal Means for OEMs and Integrators
For existing Blink customers, ownership changes, but product lines and contacts stay the same in the near term. Dacke’s statement confirms that current management remains in place and continues to lead Blink inside a decentralised group structure.
That structure gives subsidiaries a high degree of autonomy. Each company within Dacke’s portfolio runs its own operations and product development, while the parent provides capital, strategic guidance and a long-term view.
For OEMs and system integrators, the combination could bring broader engineering resources and a deeper catalogue of compatible electronics. Dacke Industri can offer Blink CANbus keypads as part of wider control packages that include sensors, actuators and other electronic modules from sister companies. That approach may appeal to manufacturers that want fewer suppliers and tighter system integration.
Blink customers in North America and Australia also gain a link into a larger industrial group with a long-term owner behind it. That backing can matter when OEMs commit to platforms that must stay in production and supported for many years.
Nordstjernan-backed Owner Continues Niche-tech Buy-and-build
Dacke Industri sits under Nordstjernan, a family-controlled Swedish investment company that focuses on long-term industrial ownership. Nordstjernan took control of Dacke Industri in 2016 and supports a strategy built around acquiring and developing niche technology businesses.
Today the Dacke Industri group includes 29 subsidiaries in four divisions and employs about 1,800 people worldwide. Net sales stand at roughly SEK 4.7 billion, with companies that concentrate on their own products or systems and strong in-house development and design.
Recent years brought a series of acquisitions in hydraulics, motion control and electronics, including Swedish motor producer Stegia AB in 2024. The Blink deal extends that pattern into human–machine interfaces, adding specialist CANbus keypads and related components to the portfolio.
As industrial vehicles and boats adopt more electronic functions and digital switching, demand for reliable, configurable keypads and control interfaces continues to grow. With Blink CANbus keypads now inside the Dacke Industri structure, the Swedish group positions itself as a broader partner for OEMs that want rugged, integrated control systems rather than individual parts.
