Indutrade today acquired all of the shares in Aluflex System AB, with annual sales of SEK 70 million. Aluflex sells the market's most comprehensive, tried-and-tested building kit system based on aluminium profiles, as well as conveyor and linear systems.
Aluflex, with head offices, manufacturing and a warehouse in Helsingborg, Sweden, is also represented through own subsidiaries in Denmark, Finland and Norway. The company sells primarily custom-designed solutions in the machine and general manufacturing industries.
Organisationally, Aluflex will be included in the Industrial Components business area, which had net sales of SEK 798 million in 2006.
The acquisition of Aluflex, which is Indutrade's sixth acquisition this year, is expected to have a marginally favourable impact on Indutrade's earnings per share. The companies acquired during the year to date have combined annual sales of approximately SEK 320 million.
Stockholm, 16 May 2007
INDUTRADE AB (publ)