History

Indutrade’s history dates back to 1978. Since then, we have acquired hundreds of companies.  Our basic principles – that still apply in the Group today – are decentralisation, low risk, structure, entrepreneurship and profitable growth through acquisition. 

2016

Further expansion in the UK and Scandinavia. Eleven acquisitions were made, with total annual sales of SEK 1,130 million.

2015

Thirteen acquisitions were made, with total annual sales of SEK 1.2 billion, most of those in Sweden and the UK.  

2014

Expansion in the UK through acquisition of five new companies. Twelve companies were aquired with total annual sales of SEK 770 million.

2013

Establishment in Ireland. Indutrade establishes an operation in Ireland, and simultaneously strengthens its UK presence. Eight companies are acquired, with sales totaling SEK 500 million.

2012

Highest sales ever. Indutrade passes the SEK 8 billion mark with a wide margin. Twelve companies are acquired, and two new countries are added.

2011

Eleven acquisitions. The acquired companies generate overall sales of some SEK 700 million.

2010

Acquisitions valued at SEK 1 billion and fothold in Switzerland. Nine companies are acquired with overall sales of some SEK 1 billion. Indutrade Switzerland is founded when the Abima Group is acquired in January 2011.

2009

Expansion in Asia. Indutrade expands its presence in Asia through the acquisition of Key Valve Technologies in South Korea.

2008

New markets in Asia, the US and South America. Nine companies are acquired and Indutrade establishes its own operations in Asia, the US and South America through acquisition of the Flintec Group.

2007

First non-Nordic market. Twelve companies are acquired, one of them in the UK. Indutrade has thus entered a new market outside the Nordic region.

2006

Eight new companies. Indutrade acquires eight companies – five in Sweden, and three in Finland.

2005

Stock market launch. Indutrade acquires the Dutch engineering Group Hanwel Europe B.V, Swedish technology sales companies Satron and Saniflex and Finnish technology sales company Puwimex. Indutrade is launched on the stock exchange in October.

2004

Johnny Alvarsson appointed new CEO. Gunnar Tindberg retires but remains a member of Indutrade’s Board of Directors.

2003

Increased growth in Finland. Growth continues through acquisitions in the Finnish market. These include the acquisition of Kontram, which holds a strong position in the instrument market.

2001

Largest acquisitions in Indutrade’s history. Indutrade acquires Hexagon’s business groupings Fagerberg (including GEFA), EIE, Tecalemit and Pentronic, which mainly operate in the flow technology sector. Overall, these acquisitions are the largest in Indutrade’s history.

1997

Flow technology and cutting tools. Complementary acquisitions are conducted in the flow technology and cutting tool sectors.

1995

Own companies in the Baltic region. Indutrade establishes its own companies in the Baltic region to market selected parts of the Group’s range in these emerging markets.

1994

Growth in flow technology. The acquisition of Alnab marks the start of Indutrade’s growth in flow technology, which is now one of the Group’s business areas.

1991

Severe economic downturn. Extensive cost-saving measures are taken to combat the severe economic downturn. Earnings are positive again in the following year.

1989

Indutrade is named. Industrivärden acquires AB Nils Dacke. The light engineering operation is divested, but Industrivärden retains the technology sales operation, Dacke Komponent, and changes its name to Indutrade.

1987

Establishment in the Benelux region. Dacke Komponent establishes operations in the Benelux region through acquisition of the Dutch Group Hitma.

1986

Bloch & Andresen is acquired. Dacke Komponent acquires the Danish listed Group, Bloch & Andresen.

1984

Expansion into markets outside Sweden. The business expands into markets outside Sweden through AB Nils Dacke’s acquisition of the Colly Group, which has operations in Sweden, Finland and Denmark. Gunnar Tindberg is appointed head of the Dacke Komponent business unit, which includes Bengtssons Maskin, Carlsson & Möller and the Colly Group.

1982

AB Nils Dacke is formed from Wilhelm Sonesson AB, and is admitted to trading on the stock exchange. AB Nils Dacke initially had net sales of approximately SEK 200 million, and primarily consisted of companies Karner, Rapid, Järn & Stålprodukter, Bengtssons Maskin, Carlsson & Möller and Sonesson Trading. These form the foundation for the company that is now known as Indutrade.

1978

First step. Entrepreneur Gunnar Tindberg and his family divest Bengtssons Maskin to the listed, Skane-based company, Wilhelm Sonesson AB AB. Gunnar Tindberg remains as President of Bengtssons Maskin.