Indutrade acquires Dutch company Hanwel

Indutrade, a wholly owned subsidiary of Industrivärden, has acquired the Dutch company Hanwel Europe B.V., with four leading companies in flow technology and ceramic products.

The seller is Plasticon Holding B.V. The Hanwel companies had sales in 2004 of approximately SEK 177 M, with good profitability. Total numbers of employees are approximately 60. The acquisition is a natural step in the further development of Indutrade’s technology and market areas and is expected to strengthen Indutrade’s position primarily in the process industry. Hanwel’s four niche-technology subsidiaries work primarily in the areas of flow technology, customer-specific ceramic components and pipe systems. The company’s main markets are in the process, chemical and energy industries. For more information, visit Hanwel’s website: www.hanweleurope.com. Stockholm, Sweden, June 28, 2005 INDUTRADE AB For further information, please contact: Johnny Alvarsson, President and CEO of Indutrade, phone +46-8-703 02 00