Indutrade today acquired all of the shares in Trelawny SPT Ltd, UK, with annual sales of GBP 4.5 million.
Trelawny is a manufacturer of quality engineered surface preparation tools and equipment for the preparation of concrete, steel & stone. Its customers operate in the construction, marine and offshore and energy industries.
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, 1 July 2015
INDUTRADE AB (publ)