Indutrade acquires Swedish company within product marking

Indutrade has on 1 July signed an agreement to acquire all the shares in the Swedish company Atlas Industrial Print AB, www.atlasgruppen.se, with annual sales of approximately SEK 50 million.

Atlas is a niche manufacturer offering different types of product marking to Swedish industrial customers. The company’s wide product range includes, for example, self-adhesive labels, decals, overlayers, membrane panels, and metal plates. Customers are found in different industries such as MedTech, energy, electronics and general engineering. Since its inception in 1995, Atlas has focused on quality and customers often have high demands on durability. The products are mainly manufactured using screen- and digital print. Atlas has 34 employees at the production sites in Finspång and Motala, Sweden.

Closing takes place on 1 July and Atlas will be included in Indutrade's Business Area Fluids & Mechanical Solutions. The acquisition of Atlas complements Indutrade’s subsidiary Topflight AB.

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

Stockholm, 1 July 2021

INDUTRADE AB (publ)

For further information, please contact:
Bo Annvik, President and CEO
Phone +46 8 703 03 00

About Indutrade

Indutrade is an international technology and industrial business group that today consists of more than 200 companies in some 30 countries, mainly in Europe. In a decentralised way, we aim to provide sustainable profitable growth by developing and acquiring successful companies managed by passionate entrepreneurs. Our companies develop, manufacture, and sell components, systems and services with significant technical content in selected niches. Our value-based culture, where people make the difference, has been the foundation of our success since the start in 1978. Indutrade's net sales totalled SEK 19.2 billion in 2020, and the share is listed on Nasdaq Stockholm in Sweden.

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