Indutrade today acquired all of the shares in Sepab Fordonsprodukter AB, Sweden, with annual sales of SEK 50 million.
With focus on commercial vehicles, Sepab develops unique products for safety, national adaptation, efficiency and comfort in close collaboration with the automotive industry, importers, wholesalers, bodybuilders, import harbours and fleet owners.
Possession will be transferred today, and the company will be part of Indutrade’s Measurement & Sensor Technology business area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 22 January 2015
INDUTRADE AB (publ)