M&A Activity • Jul 1, 2016
M&A Activity
Open in ViewerOpens in native 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 1 p.m. on 1 July 2016.
Indutrade today signed an agreement to acquire all of the shares in KA Olsson & Gems AB, Sweden, (www.kao.nu), with annual sales of approximately 90 SEK million.
KA Olsson & Gems is a technical sales company and their operations are organised in three segments:
Possession takes place today, and the company will be part of Indutrade's Industrial Components business area. The acquisition is expected to have a marginally positive impact on Indutrade's earnings per share.
Stockholm, 1 July 2016
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 six business areas: Engineering & Equipment, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and Special Products. Indutrade's sales totalled SEK 11,881 million in 2015, generating operating income of SEK 1,427 million before depreciation of intangible assets. Indutrade is listed on Nasdaq Stockholm.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.