Indutrade acquires Inovatools Group

Indutrade AB signed an agreement to acquire all shares of German metal cutting tools manufacturer Inovatools Group, which has annual sales of approximately EUR 33 million and 200 employees. The acquisition is contingent on regulatory approval.

“Indutrade has gotten to know Inovatools over several years’ time, and we are impressed with the company’s fine performance.”news.cision.com

• 1 source
• news.cision.comIndutrade acquires Inovatools Group - Indutrade ABSep 22, 2017

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