Indutrade expands further in Benelux

Indutrade has acquired all of the shares in Douwes International BV, in Pijnacker, the Netherlands, with annual sales of approximately SEK 34 million.

Douwes is a well established technology sales company with products and specialist know-how in fasteners and assembly tools. Customers are primarily in the OEM, machinery and automotive industries. Sales are primarily in the Netherlands, although a significant share of products are also exported to other European countries.

With the acquisition of Douwes, Indutrade now has a presence of eleven companies in the Benelux countries.

Organisationally, Douwes will be included in the Special Products business area, which had net sales of SEK 1,322 million in 2007.

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

Stockholm, 13 February 2008


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 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.


Documents & Links