Indutrade acquires Dutch Sensor Groep

Indutrade has on 24 July signed an agreement to acquire all of the shares in Sensor Beheer B.V., (www.sensor-groep.com) with annual sales of approximately EUR 8.5 million.

The Sensor Groep is a technical trading company providing and supplying sensors for industrial automation applications. With in-depth expertise in the fields of contactless detection, measuring, checking, counting, monitoring and identification, Sensor Groep supports the customers in selecting and implementing sensor. The application areas are a combination of OEM customers as well as to end users’ manufacturing processes. Sensor Group operates from the Netherlands and Belgium. 

The closing takes place today and the company will be included in Indutrade’s Business Area Benelux.

The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.

Stockholm, 24 July 2019

INDUTRADE AB (publ)

For further information, please contact:

Bo Annvik, President and CEO

Phone +46 8 703 03 00

About Indutrade

Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade’s business is distinguished by

- High-tech products for recurring needs
- Growth through a structured and tried-and tested acquisition strategy
- A decentralised organisation characterised by an entrepreneurial spirit

The Group is organised into eight Business Areas: Benelux, DACH, Finland, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and UK. Indutrade’s sales totalled SEK 16,848 million in 2018, generating an operating profit of SEK 2,087 million before amortisation of intangible assets. Indutrade is listed on Nasdaq Stockholm. Please read more at www.indutrade.com

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