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Indutrade AB Expands into Spain with Acquisition of ATM Group

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Indutrade AB Expands into Spain with Acquisition of ATM Group

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Indutrade AB ( (SE:INDT) ) has shared an update.

Indutrade AB has acquired the Spanish company ATM Group, a technical trading company specializing in single-use components and flow products for the pharmaceutical, food, and beverage industries. This acquisition, marking Indutrade’s first in Spain, will be integrated into its Business Area Life Science and is expected to have a marginally positive impact on earnings per share, further strengthening Indutrade’s market position in the life sciences sector.

The most recent analyst rating on (SE:INDT) stock is a Hold with a SEK275.00 price target. To see the full list of analyst forecasts on Indutrade AB stock, see the SE:INDT Stock Forecast page.

More about Indutrade AB

Indutrade is an international technology and industrial business group comprising over 215 companies across approximately 30 countries, primarily in Europe. The group focuses on sustainable profitable growth through the development and acquisition of companies in niche markets, offering components, systems, and services with significant technical content. Indutrade emphasizes a value-based culture and has been successful since its inception in 1978, with net sales totaling SEK 32.5 billion in 2024. The company is listed on Nasdaq Stockholm in Sweden.

Average Trading Volume: 422,108

Technical Sentiment Signal: Hold

Current Market Cap: SEK85.47B

See more data about INDT stock on TipRanks’ Stock Analysis page.

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