5 Oct, 2009 09:35 CET
Indutrade's subsidiary has signed an agreement with Sefo Consulting AB on the
acquisition of its optics products business, with annual sales of approximately
SEK 6 million.
The business revolves around instruments, products and service for opticians,
oculists and ophthalmic clinics. The products come from leading Japanese,
American and European manufacturers.
After the acquisition of EssMed AB and Brinch AS this is Indutrade's third
acquisition in the med-technology segment.
Organisationally the business will be part of the Industrial Components
business area, which had net sales of SEK 1,401 million in 2008.
The acquisition is expected to have a marginally positive impact on Indutrade's
earnings per share.
Stockholm, 5 October 2009
INDUTRADE AB (publ)
For further information, please contact:
Johnny Alvarsson, President and CEO, tel. +46 70 589 17 95.
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 structured into four business areas: Engineering & Equipment, Flow
Technology, Industrial Components and Special Products. Indutrade's sales
totalled SEK 6 778 million in 2008, generating operating income of SEK 820
million before depreciation of intangible assets. Indutrade is listed on Nasdaq
OMX Stockholm.
