Brief: Indutrade Acquires Catec

Indutrade AB

09/09/2022 08:49

Sept 9 (Reuters) - Indutrade AB  INDT.ST :
    * SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES IN DUTCH COMPANY
CATEC
B.V. WITH ANNUAL SALES OF APPROXIMATELY EUR 9.5 MILLION (SEK 100
MILLION)
    * INDUTRADE ACQUIRES CATEC - SPECIALIST IN CLIMATE
MEASUREMENT
TECHNOLOGY
    * ACQUISITION IS INDUTRADE'S 12(TH) IN 2022 AND IS EXPECTED
TO
HAVE A MARGINALLY POSITIVE IMPACT ON INDUTRADE'S EARNINGS PER
SHARE
    * CLOSING TOOK PLACE ON 8 SEPTEMBER AND CATEC WILL BE
INCLUDED IN
INDUTRADE'S BUSINESS AREA BENELUX

Source text for Eikon:  ID:nWkr54rgY3 
Further company coverage:  INDT.ST 

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