Indutrade today signed an agreement to acquire all of the shares in the Swedish company Rostfria VA-System i Storfors AB, with annual sales of approximately SEK 15 million.
Rostfria VA-System manufactures and sells corrosion-resistant pump stations and pipe systems. The company offers both product sales and service. Customers are mainly Swedish municipalities.
Possession will be transferred today, and the company will be part of Indutrade’s Flow Technology business area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 23 January 2012
INDUTRADE AB (publ)
For further information, please contact:
Johnny Alvarsson, President and CEO, tel. +46 70 589 17 95.