Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Indutrade M&A Activity 2015

Sep 10, 2015

2927_rns_2015-09-10_ad164352-6814-4894-a77a-caa0ebad32cc.pdf

M&A Activity

Open in viewer

Opens in your device viewer

Visitors' address: Raseborgsgatan 9 Phone: + 46 8 703 03 00 E-mail: [email protected] www.indutrade.se

This information is released in accordance with the Swedish Securities Market Act, the Swedish Financial Instruments Trading Act and/or the regulations of Nasdaq Stockholm. The information was submitted for publication at 7.30 a.m. on 10 September 2015.

Press release

Indutrade acquires supplier of lighting fixtures

Indutrade has signed an agreement to acquire all of the shares in Fergin Sverige AB, Sweden, with annual sales of approximately SEK 50 million.

Fergin sells a wide range of encapsulated lighting fixtures for lighting in demanding environments. Customers include companies in the public environment, infrastructure and general engineering industry.

Possession takes place immediately, and the company will be part of Indutrade's Fluids & Mechanical Solutions business area. The acquisition is expected to have a marginally positive impact on Indutrade's earnings per share.

Stockholm, 10 September 2015

INDUTRADE AB (publ)

For further questions, please contact: Johnny Alvarsson, President and CEO, tel +46 70 589 17 95.

About Indutrade

Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade's business is distinguished by

  • High-tech products for recurring needs
  • Growth through a structured and tried-and tested acquisition strategy
  • A decentralised organisation characterised by an entrepreneurial spirit.

The Group is organised into six business areas: Engineering & Equipment, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and Special Products. Indutrade's sales totalled SEK 9,746 million in 2014, generating operating income of SEK 1,134 million before depreciation of intangible assets. Indutrade is listed on Nasdaq Stockholm.