Indutrade expanding in control and measurement technology

Indutrade today signed an agreement to acquire all of the shares in the Swedish company Dasa Control Systems AB, with annual sales of approximately SEK 50 million.

Dasa is a leading supplier of proprietary advanced control and communication systems for heavy vehicles. Customers are manufacturers of vehicles for forestry, contracting, materials handling and transport. 

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, 30 January 2012

INDUTRADE AB (publ)

         For further information, please contact:
         
         Johnny Alvarsson, President and CEO, tel. +46 70 589 17 95.