Indutrade expanding in Switzerland

Indutrade today signed an agreement to acquire all of the shares in Eco Analytics AG, Rheinfelden, Switzerland, with annual sales of approximately SEK 22 million.

Eco Analytics AG is an expert in gas detection. Wherever toxic, explosive or combustible gases are part of an industrial process or a by-product of it, they pose a threat to people, property and productivity. Eco Analytics offers a complete line of rugged, reliable, fixed-point gas detectors to serve as first line of defence against gas threats.

Customers are in all types of industries, for example the pharmaceutical, chemical, power and food industry.  

Possession of the company will be transferred today, and the company will be part of Indutrade’s Special Products area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.

Stockholm, 6 March 2012

INDUTRADE AB (publ)

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

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 12,955 million in 2016, generating operating income of SEK 1,484 million before depreciation of intangible assets. Indutrade is listed on Nasdaq Stockholm.

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