Indutrade acquires Swedish company within locks and fittings
Indutrade has on 3 December signed an agreement to acquire all the shares in the Swedish company Svenssons i Tenhult AB, www.svenssonsbeslag.se, with annual sales of approximately SEK 100 million.Svenssons i Tenhult is a niche technical trading company that offers different types of locks and fittings to OEM customers on the Swedish market. The company’s comprehensive and deep product offering includes mechanical and electromechanical lock systems, door automation as well as fittings from leading manufacturers. Svenssons i Tenhult has a long-standing and close collaboration with Assa Abloy.