Ammertech is a leading Dutch technical sales company in the area of components for the industry mainly bearings, transmissions and shaft hub connections. For many years Ammertech, who also has a sales office in Belgium, has been the exclusive representative in Benelux for Indutrade’s subsidiary ETP Transmission in Linköping, Sweden.
Organisationally Ammertech will be included in Indutrade’s Special Products business area which had net sales of SEK 1 094 million in 2006.
The acquisition, effective as per 1 January 2008, is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 19 December 2007
INDUTRADE AB (publ)