Indutrade today acquired all of the shares in Filtration Ltd, UK, with annual sales of GBP 2.8 million.
Filtration Ltd supplies high quality filters manufactured by world known manufactures for mobile plant applications such as for the construction equipment, agricultural, military and industrial process applications as well as OEM producers.
Possession will be transferred today, and the company will be a subsidiary of ESI Technologies Ltd which in turn is part of Indutrade’s Special Products business area. The acquisition is expected to have a marginal positive impact on Indutrade’s earnings per share.
Stockholm, 6 March 2015
INDUTRADE AB (publ)