M&A Activity • Jan 23, 2012
M&A Activity
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Indutrade AB (publ) Box 6044, SE-164 06 Kista, Sweden Visitors' address: Raseborgsgatan 9 Phone: + 46 8 703 03 00 Fax: + 46 8 752 79 39 E-mail: [email protected] www.indutrade.se
This information is in accordance with the Swedish Securities Market Act, the Swedish Financial Instruments Trading Act and/or the regulations of Nasdaq OMX Stockholm. The information was submitted for publication at 12.30 p.m. on 23 January 2012.
Indutrade today signed an agreement to acquire all of the shares in the Swedish company Rostfria VA-System i Storfors AB, with annual sales of approximately SEK 15 million.
Rostfria VA-System manufactures and sells corrosion-resistant pump stations and pipe systems. The company offers both product sales and service. Customers are mainly Swedish municipalities.
Possession will be transferred today, and the company will be part of Indutrade's Flow Technology business area. The acquisition is expected to have a marginally positive impact on Indutrade's earnings per share.
Stockholm, 23 January 2012
INDUTRADE AB (publ)
For further information, please contact: Johnny Alvarsson, President and CEO, tel. +46 70 589 17 95.
Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade's business is distinguished by
The Group is organised into four business areas: Engineering & Equipment, Flow Technology, Industrial Components and Special Products. Indutrade's sales totalled SEK 6,745 million in 2010, generating operating income of SEK 703 million before depreciation of intangible assets. Indutrade is listed on the Nasdaq OMX Stockholm.
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