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Indutrade — M&A Activity 2015
Mar 12, 2015
2927_rns_2015-03-12_dd61aa88-5925-4def-b49c-29c3008e2740.pdf
M&A Activity
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Visitors' address: Raseborgsgatan 9 Phone: + 46 8 703 03 00 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 OMX Stockholm. The information was submitted for publication at 11.30 a.m. on 12 March 2015.
Press release
Indutrade acquires Danish Combilent A/S
Indutrade today acquired all of the shares in Combilent A/S, with annual sales of SEK 100 million.
Combilent is a global, leading edge provider of advanced combiner systems and RF conditioning products for the Professional Mobile Radio business. Customers are mainly in governmental organisations like the police, fire brigades, ambulances, the transport sector and the military.
Possession will be transferred today, and the company will be part of Indutrade's Measurement & Sensor Technology business area. The acquisition is expected to have a marginal positive impact on Indutrade's earnings per share.
Stockholm, 12 March 2015
INDUTRADE AB (publ)
For further information, 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 and 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 the Nasdaq OMX Stockholm.