Brief: Indutrade Acquires Machine Automation Specialist SDT

Indutrade AB

30/01/2024 15:05

Jan 30 (Reuters) - Indutrade AB  INDT.ST :
    * INDUTRADE ACQUIRES THE MACHINE AUTOMATION SPECIALIST SDT
    * SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES IN SWEDISH
COMPANY SDT
SCANDINAVIAN DRIVE TECHNOLOGIES AB
    * ACQUISITION IS INDUTRADE'S SECOND IN 2024 AND IS EXPECTED
TO
HAVE A MARGINALLY POSITIVE IMPACT ON INDUTRADE'S EARNINGS PER
SHARE
    * CLOSING IS EXPECTED TO BE FINALISED DURING Q1 2024
    * SDT WILL BE INCLUDED IN INDUTRADE'S BUSINESS AREA
INDUSTRIAL &
ENGINEERING

Source text for Eikon:  ID:nWkr9lPXJB 
Further company coverage:  INDT.ST 

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