Indutrade’s acquisition of Young Black Ltd completed

As announced in a press release on 22 June, Indutrade carried out the acquisition of all shares in Young Black Industrial Stapling Ltd ( www.youngblack.co.uk ), with annual sales of approximately GBP 10 million.

Young Black is a technology sales company selling a wide range of fastening products, pneumatic tools, compressors, hoses and couplings to British industry and construction companies.

Possession of the company takes place today and Young Black will be 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, 14 juli 2017

INDUTRADE AB (publ)

For further information, please contact:

Bo Annvik, President and CEO, tel. +46 8 703 03 00.

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 12,955 million in 2016, generating operating income of SEK 1,484 million 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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