Stockholm, 16 February 2007 Indutrade today acquired all of the shares in SAV-Danmark Trading A/S, with annual sales of approximately SEK 65 million. SAV is a well established technology sales company with a broad product programme of couplings and valves in the heating and plumbing segments. The company represents a number of strong suppliers whose products are sold primarily under its own ”SAV-Systemprodukter” brand. Through this acquisition of SAV, Indutrade will be strengthening its position in the Danish market and also increasing its share of own brands. Organisationally, SAV will be included in Indutrade's Flow Technology business area. The acquisition is expected to have a marginally positive impact on Indutrade's earnings per share. Stockholm, 16 February 2007 INDUTRADE AB (publ) For further information, please contact: Johnny Alvarsson, President and CEO, Indutrade, tel.: +46-70 589 17 95. Indutrade in briefIndutrade markets and sells components, systems and services with a high-tech content to industrial customers in selected niches. Indutrade's business is distinguished by the following factors, among others:• High-tech products for recurring needs• Growth through a structured and tried-and-tested acquisition strategy• A decentralised organisation characterised by an entrepreneurial spiritThe Group is structured into four business areas: Engineering & Equipment, Flow Technology, Industrial Components and Special Products. Indutrade had sales of SEK 4,516 million in 2006, generating operating income of SEK 460 million before amortisation of intangible assets. Indutrade is listed on the Nordic Mid-Cap list under Industrials.
Indutrade expands in Denmark through acquisition of technology sales company sav-danmark trading A/S
| Source: Indutrade AB
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