Indutrade acquires Dutch sensor manufacturer

2017-01-10

Indutrade has signed an agreement to acquire all of the shares in RS Technics BV in Roden, The Netherlands (www.rstechnics.nl), with annual sales of approximately EUR 2 million.

RS Technics develops and manufactures customer-specific sensors for measuring temperature, pressure and humidity. The company also conducts own development and manufacturing of electronic systems for measurement and control. Customers are mainly in the process industry, food industry and marine sector.

Possession takes place today and RS Technics will become a subsidiary of Indutrade’s company Pentronic AB, Sweden, which is 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, 10 January 2017

INDUTRADE AB (publ)

For further information, please contact: Johnny Alvarsson, President and CEO: 46 70 589 17 95

About Indutrade

Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade’s business is distinguished by

- High-tech products for recurring needs
 - Growth through a structured and tried-and tested acquisition strategy
- A decentralised organisation characterised by an entrepreneurial spirit

The Group is organised into six business areas: Engineering & Equipment, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and Special Products.  Indutrade’s sales totalled SEK 11,881 million in 2015, generating operating income of SEK 1,427 million before depreciation of intangible assets. Indutrade is listed on Nasdaq Stockholm.

www.indutrade.se

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