Indutrade strengthens its position in the area of control technology

Indutrade today acquired all of the shares in Rossing & Jansson AB, Sweden, with annual sales of approximately SEK 20 million.

For nearly 40 years Rossing & Jansson has provided complete system solutions, standalone products and services in the areas of automation and control technology for energy production, industry and shipping. The acquisition of Rossing & Jansson strengthens Indutrade’s market position in the area of control technology. Organisationally the company will be part of the Flow Technology business area, which had net sales of SEK 1,712 million in 2008. The acquisition is expected to have a marginally positive impact on Indutrade's earnings per share. Stockholm, 2 September 2009 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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