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Indutrade — Regulatory Filings 2011
Aug 9, 2011
2927_rns_2011-08-09_1399587c-7830-4f5e-bd28-7a95c863e10d.pdf
Regulatory Filings
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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 1 p.m. on 9 August 2011.
Press release
Indutrade makes asset acquisition in Finland
Indutrade's subsidiary Recair Oy in Finland has acquired the Pro air handling business from Enervent Oy, with annual sales of approximately SEK 17 million.
The business manufactures air handling systems including automation, which complements Recair's existing product range well.
The air handling business will be a part of Recair Oy, which is part of Indutrade's Engineering & Equipment business area. The acquisition is expected to have a marginally positive impact on Indutrade's earnings per share.
Stockholm, 9 August 2011
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 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.