Indutrade acquires Tecno Plast – German MedTech supplier of single-use products and special hoses
Indutrade has on 20 January signed an agreement with the intent to acquire all of the shares in the German company Tecno Plast Industrietechnik GmbH, www.tecnoplast.de, with annual sales of approximately EUR 23 million. The agreement was signed after the market closed.Tecno Plast offers single-use tubing sets, PTFE and silicone hoses to customers in Germany, Austria, and Switzerland. Founded in 1972, Tecno Plast’s technical expertise and experience within the niche is extensive, and the offering includes in most cases customer specific assembly. Customers are found in industries such as