Indutrade today acquired all of the shares in Kabetex AB with annual sales of approximately SEK 20 million. The company is specialised in customised transmission solutions. Their largest customers are in the engineering and manufacturing industry as well as in the public sector.
Organisationally, Kabetex will be included in the Industrial Components business area, which had net sales of SEK 940 million in 2007.
The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 26 September 2008
INDUTRADE AB (publ)