Indutrade acquires leading provider of professional balances and scales
Indutrade has on 2 May 2019 signed an agreement to acquire all of the shares in Adam Equipment Co Ltd (www.adamequipment.co.uk), with annual sales of approximately GBP 12 million. The agreement was signed after the market closed.Adam Equipment develops, manufactures and sells a broad range of precision balances and scales for professional use. The company was founded in 1972 and the offering includes an extensive portfolio of weighing products and equipment, used worldwide in the laboratory, medical, education, industrial and food markets. The broad product range consists of inhouse
