Indutrade Makes Acquisition in Sweden

Indutrade’s subsidiary GA Lindberg ChemTech AB has acquired the operations of Micro Joining KB, Sweden, with annual sales of approximately SEK 15 million. Micro Joining sells adhesives, components and materials and thereby complements GA Lindberg’s ChemTech’s existing product line. The business will be part of GA Lindberg ChemTech, which in turn is part of Indutrade’s industrial components business area. Indutrade Group is organized into four business areas: engineering and equipment, flow technology, industrial components and special products. Indutrade’s sales totalled SEK 7.9 billion (903.8 million euros) in 2011, generating operating income of SEK 917 million before depreciation of intangible assets.