Indutrade acquires Dutch supplier of motion control solutions

Indutrade has on 27 January signed an agreement to acquire all of the shares in VarioDrive B.V. with annual sales of approximately 6 MEUR. The agreement was signed after the market closed.VarioDrive is a niche technical trading company offering motion control solutions from leading suppliers to OEM customers in the Netherlands. With focus on drive and control technology, the offering includes customised solutions with integrated mechanical and electrical features, including pre-assembly of components and software programming. The motion control market is very