Indutrade has signed an agreement to acquire all of the shares in Fergin Sverige AB, Sweden, with annual sales of approximately SEK 50 million.
Fergin sells a wide range of encapsulated lighting fixtures for lighting in demanding environments. Customers include companies in the public environment, infrastructure and general engineering industry.
Possession takes place immediately, and the company will be part of Indutrade’s Fluids & Mechanical Solutions business area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 10 September 2015
INDUTRADE AB (publ)