Bli medlem
Bli medlem

Du är här

2014-06-17

Indutrade AB: Indutrade acquires manufacturer of industrial springs in the UK

Indutrade today acquired all of the shares in Micro Spring and
Presswork Ltd, with annual sales of GBP 4 million.

Micro Spring and Presswork Ltd is a specialist manufacturer of a wide
range of springs and stampings. Major customer segments are
aerospace, defence, oil & gas, nuclear and hightech manufacturing.

Possession will be transferred today, and the company will be part of
Indutrade's Special Products business area. The acquisition is
expected to have a marginally positive impact on Indutrade's earnings
per share.

Stockholm, 17 June 2014

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 8,831
million in 2013, generating operating income of SEK 990 million
before depreciation of intangible assets. Indutrade is listed on the
Nasdaq OMX Stockholm.

-----------------------------------------------------------
http://news.cision.com/indutrade-ab/r/indutrade-acquires-manufacturer-of...
http://mb.cision.com/Main/2210/9603552/257768.pdf

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.