Indutrade acquires specialist supplier of glass system partition walls

2019-10-01
Indutrade has on 1 October signed an agreement to acquire all of the shares in Uniska AG, (https://www.uniska.ch/) with annual sales of approximately CHF 5 million (approximately SEK 49 million).

Uniska is a supplier of a broad range of glass partition systems to customers in the Swiss market. With removable products and high-quality solutions for flexible interior design, the offering meets high requirements for sound insulation, sound absorption and fire protection. The offering is complemented by comprehensive service package including planning, installation and after-sale service.

The closing takes place today and Uniska will be a part of Indutrade’s Swiss company Novisol AG, within the business area DACH. Novisol supplies technical solutions for industrial insulation against heat, cold and sound. The add-on acquisition of Uniska will strengthen Novisol’s product offering and market position.

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

Stockholm, 1 October 2019

INDUTRADE AB (publ)

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

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 eight Business Areas: Benelux, DACH, Finland, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and UK. Indutrade’s sales totalled SEK 16,848 million in 2018, generating an operating profit of SEK 2,087 million before amortisation of intangible assets. Indutrade is listed on Nasdaq Stockholm. Please read more at www.indutrade.com

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