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Indutrade Unit Purchases Metallcenter Sverige's Construction Plastics Business

Jan 30 2010

Indutrade's (STO:INDTB) subsidiary Carlsson & Möller AB today acquired Metallcenter Sverige AB's construction plastics business, with annual sales of approximately SEK 6 million.

The business involves the sale of semi-finished construction plastics primarily to customers in the pharmaceutical, energy and engineering industries.

Through the acquisition, Carlsson & Möller strengthens its position as one of the leading suppliers of construction plastics in the Nordic market.

Organisationally the business will be part of Carlsson & Möller AB, which belongs to the Special Products business area.

The acquisition is expected to have a marginally positive effect on Indutrade's earnings per share.

Source: http://www.indutrade.se/default____245.aspx

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