Indutrade makes add-on acquisition within surface treatment

Indutrade has signed an agreement to acquire the assets in the Swiss company Beratherm AG, with annual sales of approximately CHF 4.5 million (SEK 55 million).

Beratherm offers a wide range of chemical-technical surface treatment solutions. The product offering includes proprietary and biodegradable cleaning detergents, as well as cleaning services of individual components and complete industrial plants. The main customer segments include general industry and the chemical, food and pharmaceutical industries.

As an add-on to Ateco Tobler, the companies’ combined offerings will provide good growth opportunities as they complement and strengthen each other. Ateco Tobler, acquired by Indutrade in 2011, is specialised in cleaning services and surface treatment of stainless steel for the pharmaceutical industry as well as anodizing of aluminium.

The closing takes place today and Beratherm will be included in Indutrade's Business Area Process, Energy & Water. The acquisition is Indutrade's tenth in 2024 and is expected to have a marginally positive impact on Indutrade's earnings per share.  

Stockholm, 31 May 2024

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 approximately 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 32 billion in 2023, and the share is listed on Nasdaq Stockholm in Sweden.