Announced
Completed
Financials
Sources
Tags
Single Bidder
pressure transmitters
Cross Border
Electrical Components
Acquisition
Germany
Completed
Majority
Friendly
electric components
Private
Synopsis
Indutrade, an international technology and industrial business group, completed the acquisition of Beck Sensortechnik, a company which develops, manufactures, and sells high precision pressure switches and pressure transmitters. Financial terms were not disclsoed. “We are happy to welcome Beck Sensortechnik to Indutrade – a stable and profitable manufacturer with a strong offering. The company has expertise in solving customer specific application challenges and we see interesting organic growth opportunities including increasing demand for energy efficiency and “green” buildings. It is also satisfying that we continue to strengthen our presence in Germany”, Bo Annvik, Indutrade President and CEO.
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