Indutrade acquires MaxxVision in Germany

Indutrade today signed an agreement to acquire all of the shares in MaxxVision GmbH, Stuttgart, Germany (www.maxxvision.com), with annual sales of approximately EUR 8 million.

MaxxVision is a technology sales company that offers image handling technology for industries and visual communication, such as cameras, lenses and lighting for applications such as quality control, manufacturing, robot control, product identification and analyses.

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, 18 April 2017

INDUTRADE AB (publ)