Indutrade today acquired all of the shares in BL Products AB, Sweden, with annual sales of SEK 20 million.
BL Products sells and installs packaging machinery. Product examples are molding, filling and sealing machines. Customers are mostly in the Swedish food industry.
Possession will be transferred today, and the company will be part of Indutrade’s Industrial Components business area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 22 September 2014
INDUTRADE AB (publ)