KISTA, Sweden--(BUSINESS WIRE)--Regulatory News:
Indutrade AB (STO:INDT)
Indutrade today acquired all of the shares in Combilent A/S, with annual sales of SEK 100 million.
Combilent is a global, leading edge provider of advanced combiner systems and RF conditioning products for the Professional Mobile Radio business. Customers are mainly in governmental organisations like the police, fire brigades, ambulances, the transport sector and the military.
Possession will be transferred today, and the company will be part of Indutrade’s Measurement & Sensor Technology business area. The acquisition is expected to have a marginal positive impact on Indutrade’s earnings per share.
Stockholm, 12 March 2015
INDUTRADE AB (publ)
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 and Sensor Technology and Special Products. Indutrade’s sales totalled SEK 9,746 million in 2014, generating operating income of SEK 1,134 million before depreciation of intangible assets. Indutrade is listed on the Nasdaq OMX Stockholm.
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