Announced

Completed

Indutrade completed the acquisition of Powerpoint Engineering.

Synopsis

Indutrade, an international technology and industrial business group, completed the acquisition of Powerpoint Engineering, a technical trading company that specialises in electrical safety and test equipment. Financial terms were not disclosed. “Powerpoint Engineering is a purpose-driven company with clear growth potential, supported by the continuously increasing focus on worker safety. The company is well-managed, has extensive expertise in its niche and strong relationships with its customers and partners. We are pleased to welcome them to the Indutrade-family,” Bo Annvik, Indutrade President and CEO.

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