Indutrade expands in the Netherlands through acquisition of technology sales company Ammertech B.V. in Helmond Indutrade has acquired all of the shares in Ammertech B.V., with annual sales of approximately SEK 60 million. Ammertech is a leading Dutch technical sales company in the area of components for the industry mainly bearings, transmissions and shaft hub connections. For many years Ammertech, who also has a sales office in Belgium, has been the exclusive representative in Benelux for Indutrade's subsidiary ETP Transmission in Linköping, Sweden. Organisationally Ammertech will be included in Indutrade's Special Products business area which had net sales of SEK 1 094 million in 2006. The acquisition, effective as per 1 January 2008, is expected to have a marginally positive impact on Indutrade's earnings per share. Stockholm, 19 December 2007 INDUTRADE AB (publ) For further information, please contact: Johnny Alvarsson, President and CEO, phone: +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 structured into four business areas: Engineering & Equipment, Flow Technology, Industrial Components and Special Products. Indutrade's sales totalled SEK 4,516 million in 2006, generating operating income of SEK 460 million before depreciation of intangible assets. Indutrade is listed on the OMX Nordic Exchange in Stockholm.
Indutrade expands in the Netherlands through acquisition of technology sales company Ammertech B.V. in Helmond
| Source: Indutrade AB