Indutrade subsidiary acquires construction plastics business
2010-01-29
Indutrade's subsidiary Carlsson & Möller AB today acquired Metallcenter Sverige AB's construction plastics business, with annual sales of approximately SEK 6 million.
The business involves the sale of semi-finished construction plastics primarily to customers in the pharmaceutical, energy and engineering industries. Through the acquisition, Carlsson & Möller strengthens its position as one of the leading suppliers of construction plastics in the Nordic market. Organisationally the business will be part of Carlsson & Möller AB, which belongs to the Special Products business area. The acquisition is expected to have a marginally positive effect on Indutrade's earnings per share. Stockholm, 29 January 2010 INDUTRADE AB (publ)