Indutrade continues to expand through further acquisition

Following the acquisition last week of the Swedish pump company Robota AB, which has an annual turnover of MSEK 53, Indutrade today signed an agreement for the acquisition of the entire shareholding of the Finnish company Suomen Putkisto Tarvike Oy (SPT). SPT provides products and services for leak detection and network monitoring. The company has a turnover of about MSEK 8. It is anticipated that the acquisitions of Robota AB and SPT will boost Indutrade’s position in the Scandinavian market and they are expected to have a positive impact on Indutrade’s share earnings. Completion of the acquisition of SPT takes place on February 1, 2006. Stockholm, 1 February 2006 INDUTRADE AB (publ)

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.

Subscribe

Documents & Links