Indutrade expands in measurement technology - makes largest acquisition since stock market introduction

Indutrade expands in measurement technology - makes largest acquisition since
stock market introduction

Indutrade today signed an agreement to acquire all of the shares in Flintec
Group AB. The Flintec Group has annual sales of approximately SEK 275 million
and some 1,000 employees, most of whom (approx. 800) are at the Group's two
manufacturing units in Sri Lanka. The Group also has sales and design companies
in the US and the UK, and sales companies in Sweden and Germany. The company's
products are marketed in other parts of the world via well-established
distributors. 

Flintec manufactures and markets measurement technology products. Customers work
in a range of market segments, primarily weighing, automation, medicine, testing
and measurement systems, transport and agriculture. Established in 1969, Flintec
is distinguished by innovative design, customer-adapted solutions and
world-class manufacturing. 

The acquisition is the largest to date that Indutrade has made as a listed
company. Indutrade's has an annual growth target of 10% over a business cycle
and posted growth of 26% in 2007."Flintec has a strong position in its market segments and is a good fit in our
efforts to increase the share of own brands. The acquisition will also help
strengthen our geographic reach in the global market," says Johnny Alvarsson,
President and CEO of Indutrade.

Following its entry to the Indutrade Group in July, Flintec will be part of the
Special Products business area, which had net sales of SEK 1,322 million in
2007.

After the acquisition, Indutrade will have own brands in measurement technology
with annual net sales of approximately SEK 570 million. The acquisition is
expected to have a marginally positive impact on Indutrade's earnings per share
in 2008.
Stockholm, 2 June 2008

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 structured into four business areas: Engineering & Equipment, Flow
Technology, Industrial Components and Special Products. Indutrade's sales
totalled SEK 5 673 million in 2007, generating operating income of SEK 650
million before depreciation of intangible assets. Indutrade is listed on the OMX
Nordic Exchange Stockholm.