Indutrade today signed an agreement to acquire all of the shares in Sunflower Medical Ltd (www.sunflowermedical.co.uk), with annual sales of approximately GBP 4.5 million.
Sunflower Medical is a leading UK manufacturer of healthcare equipment. Their product portfolio ranges from medicine dispense cabinets to specialty equipment for examination rooms. Customers are primarily Doctors surgeries, healthcare centers and hospitals.
Possession takes place today and Sunflower Medical will be part of Indutrade’s Special Products business area.
The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 19 January 2017
INDUTRADE AB (publ)