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Indutrade broadens Life Science portfolio with Axotan acquisition

Story Highlights
  • Indutrade acquired Swedish stoma care specialist Axotan, adding SEK 50 million in annual sales.
  • The Axotan deal, Indutrade’s third acquisition in 2026, slightly boosts earnings and strengthens Nordic healthcare reach.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Indutrade AB ( (SE:INDT) ).

Indutrade AB has expanded its Life Science business area with the acquisition of Axotan AB, a Swedish technical trading company specialising in stoma bags, stoma accessories and wound care products. Axotan, founded in 1991 and based in Helsingborg, serves pharmacies and healthcare providers across Sweden and generates annual sales of about SEK 50 million.

The deal, completed today, marks Indutrade’s third acquisition in 2026 and is expected to have a marginally positive effect on earnings per share. The transaction underscores Indutrade’s strategy of adding niche, health-related technical product distributors to strengthen its position in the Nordic medical supplies market and support continued profitable growth.

The most recent analyst rating on (SE:INDT) stock is a Buy with a SEK245.00 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 AB is an international technology and industrial business group comprising over 220 companies across some 30 countries, mainly in Europe. The group focuses on developing, manufacturing and selling technically advanced components, systems and services in selected niches, pursuing a decentralised, acquisition-driven growth strategy. Its shares are listed on Nasdaq Stockholm and it generated SEK 32.2 billion in net sales in 2025.

Average Trading Volume: 426,879

Technical Sentiment Signal: Hold

Current Market Cap: SEK80.88B

For a thorough assessment of INDT stock, go to TipRanks’ Stock Analysis page.

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