Brief: Indutrade Acquires Leading German Manufacturer Of Equipment For Air Quality Monitoring

Indutrade AB

24/11/2022 12:32

Nov 24 (Reuters) - Indutrade AB  INDT.ST :
    * INDUTRADE ACQUIRES LEADING GERMAN MANUFACTURER OF
EQUIPMENT FOR
AIR QUALITY MONITORING
    * SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES IN GERMAN
COMPANY
PALAS GMBH, WWW.PALAS.DE/EN/, WITH ANNUAL SALES OF APPROXIMATELY
EUR 25 MILLION (SEK 270 MILLION)
    * CLOSING TAKES PLACE TODAY AND PALAS WILL BE INCLUDED IN
INDUTRADE'S BUSINESS AREA MEASUREMENT & SENSOR TECHNOLOGY
    * ACQUISITION IS INDUTRADE'S 15(TH) IN 2022 AND IS EXPECTED
TO
HAVE A MARGINALLY POSITIVE IMPACT ON INDUTRADE'S EARNINGS PER
SHARE

Source text for Eikon:  ID:nWkr2gqCS7 
Further company coverage:  INDT.ST 
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