Indutrade acquires Trelawny SPT Ltd

Indutrade today acquired all of the shares in Trelawny SPT Ltd, UK, with annual sales of GBP 4.5 million.

Trelawny is a manufacturer of quality engineered surface preparation tools and equipment for the preparation of concrete, steel & stone. Its customers operate in the construction, marine and offshore and energy industries.

Possession will be transferred today, and the company will be a subsidiary of ESI Technologies Ltd which in turn is part of Indutrade’s Special Products business area. The acquisition is expected to have a marginal positive impact on Indutrade’s earnings per share.

Stockholm, 1 July 2015

INDUTRADE AB (publ)

For further information, please contact: Johnny Alvarsson, President and CEO: 46 70 589 17 95

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 and a decentralised organisation characterised by an entrepreneurial spirit.

The Group is organised into six business areas: Engineering & Equipment, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and Special Products. Indutrade’s sales totalled SEK 9,746 million in 2014, generating operating income of SEK 1,134 million before depreciation of intangible assets. Indutrade is listed on the Nasdaq Stockholm.