Indutrade makes business acquisition in Sweden

Indutrade's subsidiary GA Lindberg ChemTech AB today acquired the operations of Micro Joining KB, Sweden, with annual sales of approximately SEK 15 million.

Micro Joining sells adhesives, components and materials and thereby complements GA Lindberg’s ChemTech’s existing product line.

The business will be part of GA Lindberg ChemTech which in turn is part of Indutrade’s Industrial Components business area. The acquisition is judged to have a marginally positive impact on Indutrade’s earnings per share.

  

Stockholm, 2 September 2013

  

INDUTRADE AB (publ)

  

For further information, please contact:

Johnny Alvarsson, President and CEO, tel. +46 70 589 17 95.