Indutrade acquires NRG Automation Ltd in UK – a specialist supplier of automatic entrance solutions
Indutrade has on 30 November 2018 signed an agreement to acquire all of the shares in NRG Automation Limited , with annual sales of approximately GBP 5.0 million. The agreement was signed after the market closed on Friday.NRG Automation is a specialist supplier of drives, motors and controls for industrial, commercial and residential doors and shutters. NRG also offer a range of gate and barrier automation solutions. Customers are manufacturers and installation contractors of doors, shutters and gates in the UK and Ireland. The closing took place on 30