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  5. Indutrade Acquires Spinova AB

M&A Deal Summary

Indutrade Acquires Spinova AB

On June 15, 2006, Indutrade acquired manufacturer Spinova AB

Acquisition Highlights
  • This is Indutrade’s 3rd transaction in the Manufacturing sector.
  • This is Indutrade’s 5th transaction in Sweden.

M&A Deal Summary
Date 2006-06-15
Target Spinova AB
Sector Manufacturing
Buyer(s) Indutrade
Deal Type Add-on Acquisition

Target

Spinova AB

Torsas, Sweden
Spinova AB is a manufacturer of customised springs and wire forms. Its products are used in hydraulic systems, locks, garage doors, pumps, water and wastewater applications, and equipment for the food industry, among other things.

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Buyer(S) 1

Buyer

Indutrade

Kista, Sweden
Category Company
Founded 1919
Sector Machinery
Employees9,301
Revenue 31.8B SEK (2023)
DESCRIPTION

Indutrade is an international industrial group that sells and develops high-tech components, systems and services. Indutrade markets solutions that streamline systems and processes. The Company's business segments include; Engineering & Equipment, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology, and Special Products. Indutrade was established in 1919 and is based in Kista, Sweden.

DEAL STATS #
Overall 9 of 109
Sector (Manufacturing) 3 of 15
Type (Add-on Acquisition) 9 of 105
Country (Sweden) 5 of 45
Year (2006) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-09 TriboTec AB

Mölnlycke, Sweden

TriboTec AB is a distributor of chemical-technical products within the areas of corrosion protection, bonding and lubrication technology mainly to the Swedish market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-22 Damalini AB

Molndal, Sweden

Damalini AB is a technological provider in laser-based measurement and alignment systems. Its proprietary EasyLaser® laser systems are used in industry for shaft alignment, sheave/pulley alignment and geometrical measurements.

Buy -
Mergr

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