Indutrade today acquired all of the shares in Winab Vikväggar AB, Sweden, with
annual sales of SEK 90 million.
WINAB is a leading manufacturer of folding partitions and partition walls for
customers with high requirements for flexible and efficient use of space.
Customers are in the private and public sectors, including cultural centres,
schools, hospitals, conference centres, offices and industrial premises.
Exports account for approximately 75% of sales, which are handled through
distributors that the company has worked with for many years.
Possession will be transferred today, and the company will be part of
Indutrade’s Fluids & Mechanical Solutions business area. The acquisition is
expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 1 October 2014
INDUTRADE AB (publ)
For further information, please contact: Johnny Alvarsson, President and CEO: 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 five business areas: Engineering & Equipment, Flow
Technology, Fluids & Mechanical Solutions, Industrial Components and Special
Products. Indutrade's sales totalled SEK 8,831 million in 2013, generating
operating income of SEK 990 million before depreciation of intangible assets.
Indutrade is listed on the Nasdaq OMX Stockholm.
