# Indutrade acquires hose specialist Tecno Plast in Düsseldorf

Swedish Indutrade Group agreed to acquire Tecno Plast, a Düsseldorf-based technical trader of single-use, PTFE and silicone hoses and hose systems, from its owner family. The deal is subject to antitrust approval.

- Type: Acquisition
- Announced: 2021-01-26
- Where: Düsseldorf, Germany, Germany
- Status: announced
- Products: single-use hoses, PTFE hoses, silicone hoses, hose systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Indutrade](https://endata.com/companies/5501.md) (acquirer)
- [Tecno Plast](https://endata.com/companies/52797.md) (target)

## Sources

- [process.vogel.de](https://www.process.vogel.de/schwedische-unternehmensgruppe-kauft-schlauchspezialisten-tecno-plast-a-994915/), 2021-01-26: "Über die Partnerschaft mit Indutrade können wir die ständig steigenden Kundenbedarfe und -Anforderungen nun noch besser bedienen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.