Indutrade acquires Natgraph – leader in advanced drying technology

Indutrade has on 3 July signed an agreement to acquire all of the shares in the British company Natgraph Ltd (www.natgraph.co.uk), with annual sales of approximately GBP 10 million. The agreement was signed after the market closed.

Natgraph designs and manufactures an extensive range of drying and curing systems for industrial print applications. Application areas are for examples within the medical, electronic and automotive industries with customised solutions for products such as biosensors, labels, in-mould electronics and credit cards.

The company is vertically integrated, producing much of its own machine chassis, paneling and final assembly, resulting in great flexibility and agility, retaining high quality with short lead-times in a cost-effective manner. With a leading global market position, Natgraph exports to customers in Europe, the Americas and Asia.

The closing took place 3 July and the company will be included in Indutrade’s Business Area UK.

The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.

Stockholm, 4 July 2019

INDUTRADE AB (publ)

For further information, please contact:
Bo Annvik, President and CEO
Phone +46 8 703 03 00