New Business Area President at Indutrade


Joakim Skantze has been named as the new President of Indutrade’s Industrial
Components business area. He will assume his position in January 2016 and
succeeds Olof Paulsson, who will be leaving his position in 2016 for retirement
after 33 years with Indutrade, of which eleven years as Business Area President.

Joakim Skantze has a M. Sc. degree in Electrical Engineering from the Royal
Institute of Technology in Stockholm and served most recently as Venture Manager
at AB Traction.

Stockholm, 4 November 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.

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