Indutrade has acquired all of the shares in Cepro International BV in Rijen, The Netherlands, with annual sales of EUR 8 million.
Cepro manufactures high quality products for a safe and healthy work spot in welding and grinding workshops. Cepro products not only increase the safety of the workplace but also the efficiency which in turn improves the workflow and generates cost savings.
Possession will be transferred immediately, and the company will be part of Indutrade Benelux in Indutrade’s Special Products business area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 9 January 2015
INDUTRADE AB (publ)