Indutrade has signed an agreement to acquire all of the shares in EPE-Goldman BV
(EPG Hydraulistics), Rotterdam, Netherlands, with annual sales of approximately
EUR 8 million.
EPG (www.epg.eu) markets and sells hydraulic products from leading manufacturers
to customers in Benelux in the shipbuilding, oil & gas, offshore, agriculture,
military, infra structure and engineering industry. Major products are pipe
components, ball valves, filters, couplings, hydraulic hoses and measuring
devices.
Possession takes place immediately, and the company will be part of Indutrade
Benelux which in turn is part of Indutrade’s Special Products business area. The
acquisition is expected to have a marginally positive impact on Indutrade’s
earnings per share.
Stockholm, 2 October 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 and 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 &
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 Stockholm.
