Announced

Completed

Indutrade completed the acquisition of Alflow Scandinavia.

Synopsis

Indutrade, an industrial and technology business group, completed the acquisition of Alflow Scandinavia, a pharmaceutical flow components provider. Financial terms were not disclosed. “We are very satisfied with the acquisition of Alflow, further expanding and enhancing our reach within the flow technology segment, including the rapidly growing single-use market to the pharmaceutical industry. The company is well-managed, has extensive expertise in its niche and close and valuable customer relationships,” Bo Annvik, Indutrade President and CEO.

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