Indutrade acquires Scanmaskin Group, Sweden
Indutrade has signed an agreement to acquire all of the shares in Scanmaskin Group, Sweden, (www.scanmaskin.se), with annual sales of approximately 120 SEK million. The Group’s operations are broken down into two main areas: · Machine manufacturing and design · Industrial surfacing material Scanmaskin manufactures floor grinding, surface finishing and polishing equipment. The company has a wide range of grinding and polishing machines as well as industrial surfacing material. Customers are primarily in Europe and the USA and consist mainly of floor layers, professional