Starting 1 January 2013 the Indutrade Group will be organised into five Business Areas, instead of four at present. The change is being carried out by breaking away the Fluids & Mechanical Solutions grouping from the Special Products Business Area and formation of a separate Business Area. In connection with this, a number of other companies will be moved between the Group's various Business Areas. The motive for the change is to strengthen focus and thus the conditions for continued growth in the Group.
The President of the new Fluids & Mechanical Solutions Business Area will be Göte Mattsson, who has been responsible for this grouping since previously. Göte Mattsson has held various senior positions in the Indutrade Group since 1999.
The changes will be reflected in the Group's external reporting starting with the interim report for the period 1 January–30 March 2013. Comparative figures for the 2012 financial year according to the new structure will be presented as an appendix to the year-end report for 2012, which will be published on 14 February 2013.
Stockholm, 12 December 2012
INDUTRADE AB (publ)
For further information, please contact:
Johnny Alvarsson, President and CEO, tel. +46-70-589 17 95.