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2016-03-18

Indutrade AB: Indutrade acquires Danish sensor manufacturer

Indutrade has signed an agreement to acquire all of the shares in
Senmatic A/S, Odense, Denmark, with annual sales of approximately DKK
120 million.

Senmatic (www.senmatic.com) manufactures a wide range of standard and
customised sensors for measurement of temperature and relative
humidity. Customers are primarily in such sectors as marine
refrigerated cargo, petrochemical, power generation and processing as
well as other marine applications. Senmatic also offers climate
control systems for industrial greenhouses and LED lighting systems.

Possession takes place today, and the company will be part of
Indutrade's Measurement & Sensor Technology business area. The
acquisition is expected to have a marginally positive impact on
Indutrade's earnings per share.

Stockholm, 18 March 2016

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 11,881 million in 2015, generating
operating income of SEK 1,427 million before depreciation of
intangible assets. Indutrade is listed on the Nasdaq Stockholm.

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http://news.cision.com/indutrade-ab/r/indutrade-acquires-danish-sensor-m...
http://mb.cision.com/Main/2210/9937393/490638.pdf

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