Stockholm, 16 May 2007
Indutrade today acquired all of the shares in Aluflex System AB, with annual
sales of SEK 70 million. Aluflex sells the market's most comprehensive,
tried-and-tested building kit system based on aluminium profiles, as well as
conveyor and linear systems.
Aluflex, with head offices, manufacturing and a warehouse in Helsingborg,
Sweden, is also represented through own subsidiaries in Denmark, Finland and
Norway. The company sells primarily custom-designed solutions in the machine and
general manufacturing industries.
Organisationally, Aluflex will be included in the Industrial Components business
area, which had net sales of SEK 798 million in 2006.
The acquisition of Aluflex, which is Indutrade's sixth acquisition this year, is
expected to have a marginally favourable impact on Indutrade's earnings per
share. The companies acquired during the year to date have combined annual sales
of approximately SEK 320 million.
Stockholm, 16 May 2007
INDUTRADE AB (publ)
For further information, please contact:
Johnny Alvarsson, President and CEO, tel. +46-70-589 17 95.
About IndutradeIndutrade markets and sells components, systems and services
with a high-tech content within selected niches. Indutrade's business is
distinguished byHigh-tech products for recurring needsGrowth through a
structured and tried-and tested acquisition strategyA decentralised organisation
characterised by an entrepreneurial spirit.The Group is organised into four
business areas: Engineering & Equipment, Flow Technology, Industrial Components
and Special Products. Indutrade's sales totalled SEK 4,516 million in 2006,
generating operating income of SEK 460 million before depreciation of intangible
assets. Indutrade is listed on the OMX Nordic Exchange in Stockholm.