Indutrade acquires KA Olsson & Gems AB

Indutrade today signed an agreement to acquire all of the shares in KA Olsson & Gems AB, Sweden, (www.kao.nu), with annual sales of approximately 90 SEK million.

KA Olsson & Gems is a technical sales company and their operations are organised in three segments:

  • Tape & Glue - with customers in the Swedish workshop industry
  • Films & Digital – self-adhesive material for various segments in Sweden
  • Display & Décor – targeting primarily international store chains

Possession takes place 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, 1 July 2016

INDUTRADE AB (publ)