Indutrade expands in the Netherlands

2013-11-04

Indutrade has signed an agreement to acquire all of the shares in Kin Pompentechniek BV in the Netherlands, with annual sales of approximately EUR 8.6 million.

Kin Pompentechniek is a technical sales company with focus on pumps from leading suppliers. Customers are to be found in horticulture, the pool industry, waste water handling and machine building.

Indutrade takes possession of the company today, and it will be part of the Special Products business area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.

Stockholm, 4 November 2013

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 five business areas: Engineering & Equipment, Flow Technology, Fluids & Mechanical Solutions, Industrial Components and Special Products. Indutrade's sales totalled SEK 8,384 million in 2012, generating operating income of SEK 905 million before depreciation of intangible assets. Indutrade is listed on the Nasdaq OMX Stockholm.

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