Indutrade subsidiary acquires construction plastics business
Indutrade's subsidiary Carlsson & Möller AB today acquired Metallcenter Sverige
AB's construction plastics business, with annual sales of approximatel
The business involves the sale of semi-finished construction plastics primarily
to customers in the pharmaceutical, energy and engineering industries.
Through the acquisition, Carlsson & Möller strengthens its position as one of
the leading suppliers of construction plastics in the Nordic market.
Organisationally the business will be part of Carlsson & Möller AB, which
belongs to the Special Products business area.
The acquisition is expected to have a marginally positive effect on Indutrade's
earnings per share.
Stockholm, 29 January 2010
INDUTRADE AB (publ)
For further information, please contact:
Johnny Alvarsson, President and CEO, Indutrade, tel. +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.
