Indutrade has signed an agreement to acquire all of the shares in the
Relekta
Group (Relekta AS, Norsk Industriolje AS and Relekta Service AS) in
Oslo, with
annual sales of NOK 250 million.

Relekta is a Norwegian technology
sales company that supplies products for
construction, repair and maintenance
primarily for the construction industry,
automotive workshops and general
industry in Norway. The company has a
nationwide sales organisation and broad
customer base.

“The acquisition of Relekta strengthens our position in the
construction, repair
and maintenance market,” says Johnny Alvarsson, President
and CEO of Indutrade.

Rune Arnhoff, CEO of Relekta comments: “Indutrade was
the natural choice for
Relekta on account of their long-term approach and
business philosophy, which is
based on further developing existing, successful
businesses. We look forward to
expanding further and in growing our market
shares in Norway as well as in other
Nordic countries together with Indutrade
and their network.”

Possession takes place with immediate effect, and the
company will be part of
Indutrade’s Industrial Components business area. The
acquisition is expected to
have a marginally positive impact on Indutrade’s
earnings per share.

Stockholm, 24 April 2015

INDUTRADE AB (publ)
For further
information, please contact: Johnny Alvarsson, President and CEO: 46
70 589 17
95
About Indutrade
Indutrade markets and sells components, systems and services
with a high-tech
content within selected niches. Indutrade’s business is
distinguished by Hhgh
-tech products for recurring needs, growth through a
structured and tried-and
tested acquisition strategy and a decentralised
organisation characterised by an
entrepreneurial spirit.

The Group is
organised into six business areas: Engineering & Equipment, Flow
Technology,
Fluids & Mechanical Solutions, Industrial Components, Measurement
and Sensor
Technology and Special Products. Indutrade’s sales totalled SEK 9,746
million
in 2014, generating operating income of SEK 1,134 million before
depreciation
of intangible assets. Indutrade is listed on the Nasdaq Stockholm.