Indutrade acquires Türenfabrik Safenwil AG in Switzerland

Indutrade today signed an agreement to acquire all of the shares in Türenfabrik Safenwil AG ( www.tuerenfabrik.ch ), with annual sales of approximately CHF 8 million.

The company manufactures various kinds of doors, such as interior and exterior doors, fire protection doors and security doors. Customers are primarily construction contractors in the Swiss market.

Possession takes place today and the company will be part of Indutrade Switzerland which in turn is part of Indutrade’s Special Products business area.

The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.

Stockholm, 13 March 2017

INDUTRADE AB (publ)

For further information, please contact: Johnny Alvarsson, President and CEO: 46 70 589 17 95

About Indutrade

Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade’s business is distinguished by

- High-tech products for recurring needs
- Growth through a structured and tried-and tested acquisition strategy
- A decentralised organisation characterised by an entrepreneurial spirit

The Group is organised into six business areas: Engineering & Equipment, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and Special Products.  Indutrade’s sales totalled SEK 12,995 million in 2016, generating operating income of SEK 1,4284million before depreciation of intangible assets. Indutrade is listed on Nasdaq Stockholm.

www.indutrade.se

About Us

Indutrade markets and sells components, systems and services with a high-tech content in selected niches. The business has two main focuses - companies engaged in industrial technology sales and companies that manufacture their own products. The Group's fundamental governing principle is based on decentralisation of decision-making and responsibility. The organisation is distinguised by entrepreneurship and technical niche expertise combined with a well-balanced spread of risk with respect to customers, products, suppliers, industries and geographic markets. Indutrade is organised into six business areas; - Engineering & Equipment- Flow Technology- Fluids & Mechanical Solutions- Industrial Components- Measurement & Sensor Technology- Special Products Indutrade's sales totalled SEK 11,881 million in 2015, generating operating profit Before amortisation of intangible non-current assets of SEK 1,427 million.

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