Datum Electronics develops, produces and sells innovative torque and shaft power measurement solutions such as shaft torque and power sensors, torque transducers and static strain gauge sensors. Applications areas include measuring and testing efficiency and performance of engines, pumps and motors. The worldwide customers can be found within for example the marine and general industry. The company has 26 employees and is based on Isle of Wight, United Kingdom.
The closing takes place today and the company will be included in Indutrade’s Business Area Measurement & Sensor Technology. The acquisition of Datum Electronics will be an add-on to Indutrade’s cluster of companies within weighing and torque measurement technologies.
The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.
Stockholm, 3 May 2019
INDUTRADE AB (publ)
For further information, please contact:
Bo Annvik, President and CEO
Phone +46 8 703 03 00