Indutrade today acquired all of the shares in Filtration Ltd, UK, with annual
sales of GBP 2.8 million.
Filtration Ltd supplies high quality filters manufactured by world known
manufactures for mobile plant applications such as for the construction
equipment, agricultural, military and industrial process applications as well as
OEM producers.
Possession will be transferred today, and the company will be a subsidiary of
ESI Technologies Ltd which in turn is part of Indutrade’s Special Products
business area. The acquisition is expected to have a marginal positive impact on
Indutrade’s earnings per share.
Stockholm, 6 March 2015
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 six business areas: Engineering & Equipment, Flow
Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement
and Sensor Technology and Special Products. Indutrade’s sales totalled SEK
9,746 million in 2014, generating operating income of SEK 1,134 million before
depreciation of intangible assets. Indutrade is listed on the Nasdaq OMX
Stockholm.
