Sectra’s distributor in the Netherlands becomes wholly owned subsidiary
Sectra is increasing its ownership interest in the Dutch company ImaXperts BV from 20% to 100%. The company has 12 employees and reported sales of EUR 2.5 million in fiscal year 2005. The operations will be consolidated within the Sectra Group as of December 1, 2006.“The acquisition of ImaXperts strengthens our position and provides us the possibility to expand in Benelux,” says Torbjörn Kronander, President of Sectra Imtec AB. “The acquisition is fully in line with our goal to broaden distribution channels and the service organization in strategically important markets,” adds Torbjörn