M&A Deal Summary

Indutrade Acquires Thermotech AS

On December 13, 2012, Indutrade acquired machinery company Thermotech AS

Acquisition Highlights
  • This is Indutrade’s 16th transaction in the Machinery sector.
  • This is Indutrade’s 2nd transaction in Norway.

M&A Deal Summary

Date 2012-12-13
Target Thermotech AS
Sector Machinery
Buyer(s) Indutrade
Deal Type Add-on Acquisition

Target

Thermotech AS

Haugesund, Norway
Thermotech AS is a provider of products and services in heat treatment, machine service and bolt tension.

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Buyer(S) 1

Buyer

Indutrade

Kista, Sweden

Category Company
Founded 1919
Sector Machinery
Employees9,727
Revenue 32.5B SEK (2024)
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 44 of 109
Sector: Machinery M&A 16 of 36
Type: Add-on Acquisition M&A Deals 43 of 105
Country: Norway M&A 2 of 7
Year: 2012 M&A 12 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-05 Nolek AB

Norsborg, Sweden

Nolek AB is a provider of leak testing, proof testing, leak detection, helium charging and recovery and non-destructive testing equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-18 ESI Technologies

Dunkettle, Ireland

ESI Technologies Ltd. is a supplier of process equipment to the chemical, pharmaceutical and biotechnology industries in Ireland.

Buy -