Swedish Indutrade acquires Dutch manufacturer Leiderdorp Instruments
Indutrade, an international industrial group of companies trading in technical (nice) products, acquired all shares of the Dutch Leiderdorp Instruments B.V. on 8 October 2019. Leiderdorp Instruments has an average annual turnover of EUR 2.5 million. The deal was sealed after the stock exchanges closed for the day.
Koen Rutten from Marktlink: “There was a lot of interest in Leiderdorp Instruments. The click with Indutrade was good from the start, and the proposed plan fits seamlessly with the vision of the former owners, who will remain involved in the company. In addition, the combination of Hitma and Leiderdorp Instruments is a good foundation for a second growth step whereby the continuity of Leiderdorp Instruments is still safeguarded.”
Leiderdorp Instruments is a nice manufacturer specialised in making sensors for geotechnical measuring solutions in the Dutch market. The product range consists of own brands and is mainly aimed at (telemetric) groundwater monitoring and infrastructural vibration meters.
The closing of the deal took place on 8 October. With this acquisition, Leiderdorp Instruments is a complement to Hitma Instrumentatie B.V., which is part of Indutrade’s Benelux business area. Hitma Instrumentatie supplies measuring equipment for measuring pressure, flows, and temperature. The acquisition creates growth opportunities, as the companies’ combined offer complements and strengthens the other or the areas of product range and market position.
The acquisition is expected to have a marginal positive impact on the individual Indutrade share value.
Marktlink supported Hans en Jaap Liefting, former owners of Leiderdorp Instruments thoughout the entire process of the sale to Indutrade. Hans Liefting: “A great deal as an end result of an immaculately managed chain of events, with Marktlink still acting as the strongest link. You can rely on Koen Rutten, Okkie den Boon and Christine Huisman. Thanks!”