Indutrade has signed an agreement to acquire all of the shares in Kin
Pompentechniek BV in the Netherlands, with annual sales of approximately EUR 8.6
million.
Kin Pompentechniek is a technical sales company with focus on pumps from leading
suppliers. Customers are to be found in horticulture, the pool industry, waste
water handling and machine building.
Indutrade takes possession of the company today, and it will be part of the
Special Products business area. The acquisition is expected to have a marginally
positive impact on Indutrade’s earnings per share.
Stockholm, 4 November 2013
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 8,384 million in 2012, generating
operating income of SEK 905 million before depreciation of intangible assets.
Indutrade is listed on the Nasdaq OMX Stockholm.
