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2014-06-18

Indutrade AB: Indutrade continues acquiring in the UK

Following yesterday's acquisition of Micro Spring and Presswork Ltd,
Indutrade today acquired all of the shares in Birmingham Specialities
Ltd in the UK, with annual sales of GBP 6 million.

Birmingham Specialities Ltd is a leading manufacturer of precision
pressings and CNC machining. Major customer segments are the rail
industry and electronic industry, diesel engine manufacturers and
other industries.

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, 18 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.

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http://news.cision.com/indutrade-ab/r/indutrade-continues-acquiring-in-t...
http://mb.cision.com/Main/2210/9604051/258131.pdf

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