Indutrade expands in Switzerland

2013-12-19

Indutrade acquired today all of the shares in AP Tobler AG, Switzerland, with annual sales of approximately EUR 4 million.

Tobler is specialised in surface treatment of stainless steel and aluminium for the pharmaceutical industry. The major markets are Switzerland and the EU.

Possession will be transferred in January 2014. Tobler will be part of Ateco Services AG, Switzerland, which in turn is part of Indutrade’s Special Products business area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.

Stockholm, 19 December 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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