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)

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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 eight business areas; – Benelux– DACH– Finland– Flow Technology– Fluids & Mechanical Solutions– Industrial Components– Measurement & Sensor Technology– UK Indutrade’s sales totalled SEK 14,847 million in 2017, generating operating income of SEK 1,613 million before depreciation of intangible assets. Indutrade is listed on Nasdaq Stockholm.

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