Norsecraft Tec is a leading technical trading company that offers automatic lubrication systems for construction machinery and industrial applications. A lubrication system ensures continuous lubricant delivery in machines to optimize operation and minimize stops. The offer also includes installation and the company has an extensive service network, covering entire Norway. Norsecraft Tec has 19 employees and net sales of approximately NOK 50 million.
The closing takes place today and the company will be included in Indutrade’s Business Area Industrial Components.
The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 20 July 2018
INDUTRADE AB (publ)
For further information, please contact:
Bo Annvik, President and CEO
Phone +46 8 703 03 00