Indutrade acquires WINAB

Indutrade today acquired all of the shares in Winab Vikväggar AB, Sweden, with annual sales of SEK 90 million.

WINAB is a leading manufacturer of folding partitions and partition walls for customers with high requirements for flexible and efficient use of space. Customers are in the private and public sectors, including cultural centres, schools, hospitals, conference centres, offices and industrial premises.

Exports account for approximately 75% of sales, which are handled through distributors that the company has worked with for many years.

Possession will be transferred today, and the company will be part of Indutrade’s Fluids & Mechanical Solutions business area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.

Stockholm, 1 October 2014

INDUTRADE AB (publ)