Indutrade completed the acquisition of all of the shares in Jouka from Jomaster.

Indutrade, a provider of engineering and equipment, flow technology, industrial components, and special products, completed the acquisition of all of the shares in Jouka, a firm that designs and produces ball valves, produces metal pressings, machine parts, and assemblies as a subcontractor, from Jomaster, a manufacturer of other taps and valves. Financial terms were not disclosed.