Indutrade acquires German X-RAY WorX
Indutrade has on 27 November signed an agreement with the intent to acquire all of the shares in the German company X-RAY WorX GmbH, http://www.x-ray-worx.com/ with annual sales of approximately EUR 11 million. The agreement was signed after the market closed. X-RAY WorX is a leading niche manufacturer of X-ray tubes for industrial applications in non-destructive testing. The product range consists of open high resolution microfocus X-ray tubes, with the highest capabilities, meeting diverse application and industrial requirements. The offering is complemented by maintenance, service,