Fergin Sverige AB aqcuired by Indutrade AB
Indutrade has signed an agreement to acquire all of the shares in Fergin Sverige AB, with annual sales of approximately SEK 50 million.
Fergin sells a wide range of encapsulated lighting fixtures for lighting in demanding environments. Customers include companies in the public environment, infrastructure and general engineering industry.
Indutrade is an international industrial group that conducts development and sales of high-tech components, systems and services. The group have more than 5,000 employees spread across nearly 200 companies. Possession takes place immediately, and the company will be part of Indutrade’s Fluids & Mechanical Solutions business area.
Weibull M&A acted as sell side advisors in the transaction and if you wish to know more about the transaction.