Indutrade AB: Indutrade acquires manufacturing company SILROC CZ - specialist in silicone moulding

2021-10-01 12:20:00

SILROC is a manufacturing company, designing and producing customised parts and components from liquid silicone rubber in injection moulding presses. The silicone's characteristics such as low thermal conductivity, minimal chemical reactivity, as well as microbiological growth resistance, makes SILROC's components and products value adding in a broad number of industries. Customer segments range from MedTech, pharma and industrial markets. The comprehensive offering includes for example products for hospital equipment such as tube sets, single-use assemblies in SILROC's own clean-room production, as well as customised components for powder coating processes. To serve the mainly international customers, SILROC has 70 employees at the production site in Tanvald, Czech Republic and a sales branch office in Penzberg, Germany.

The closing takes place today and SILROC will be included in Indutrade's Business Area DACH.

The acquisition is expected to have a marginally positive impact on Indutrade's earnings per share.

Stockholm, 1 October 2021

INDUTRADE AB (publ)

For further information, please contact:
Bo Annvik, President and CEO
Phone +46 8 703 03 00

Cision