Indutrade today signed an agreement to acquire all of the shares in Professional Parts Sweden AB (Proparts), with annual sales of SEK 130 million.
Proparts is a technology sales company that supplies replacement parts to the automobile aftermarket. Customers, which are mainly in Europe and North America, consist largely of auto repair chains, automotive workshops and other traders.
Possession takes place 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, 16 april 2015
INDUTRADE AB (publ)