EQS-News: Third acquisition for the INDUS Group in 2025

Third acquisition for the INDUS Group in 2025

• Swedish ELECTRO TRADING expands the Infrastructure segment
• First acquisition in Scandinavia strengthens the internationalization of the INDUS Group
• Distributor of power grid and renewable energy products
• A further acquisition for HAUFF-TECHNIK, following GRIDCOM and KETTLER

Bergisch Gladbach, 6 February 2025 – An international acquisition strengthens the portfolio of the SDAX-listed INDUS Group. The INDUS portfolio company HAUFF-TECHNIK acquires 100% of the shares in the Swedish ELECTRO TRADING ET AB with economic effect from 1  January 2025. As an importer and distributor of products for the power grid and distribution, renewable energy, construction and infrastructure sectors, ELECTRO TRADING generates annual sales of around EUR 5 million. The company is based in Bromma near Stockholm, with a further location in Kristianstaad. HAUFF-TECHNIK, a manufacturer of sealing systems for cables, pipes and building entries, has been part of the INDUS Group since 1986.

Dr. Michael Seibold, Managing Director of HAUFF-TECHNIK: “With the third acquisition for HAUFF-TECHNIK within a year, INDUS is giving us what we need to advance our expansion plans. ELECTRO TRADING provides HAUFF-TECHNIK with direct access to the Scandinavian market and bolsters our internationalization strategy.” At the start of the year, INDUS had already integrated KETTLER, a manufacturer of spindle extensions for underground pipe systems, into the Group as a strategic addition for HAUFF-TECHNIK. HAUFF-TECHNIK GRIDCOM, specializing in passive components for the fiber-optic infrastructure, has been a wholly owned subsidiary of HAUFF-TECHNIK since the beginning of 2024.

“When searching for a new owner for ELECTRO TRADING, the company’s growth prospects were particularly important to me,” says Ulla Wihlborg, former sole shareholder of ELECTRO TRADING. “HAUFF-TECHNIK and ELECTRO TRADING have successfully cooperated for many years. Building on this partnership, the two companies can now seize new opportunities in the rapidly growing infrastructure market together. Successfully HAUFF-TECHNIK’s high sales and marketing expertise will accelerate ELECTRO TRADING’s growth.” Patrik Wihlborg, Managing Director of ELECTRO TRADING, will continue to lead the company.

“From Hermaringen in southern Germany, Dr. Seibold and his team have opened up new markets and continuously expanded HAUFF-TECHNIK’s business model in recent years,” says Dr. Jörn Großmann, member of the INDUS Board of Management responsible for the Infrastructure segment. “Fostering this entrepreneurial spirit is part of INDUS’ strategy. We will continue to drive the growth of profitable subsidiaries by making complementary additions in Germany and abroad. In 2025, we have already added three strategic companies, namely KETTLER, HBS and now ELECTRO TRADING, to the INDUS portfolio.”

About INDUS Holding AG:
Established in 1989 and headquartered in Bergisch Gladbach, INDUS Holding AG is a leading specialist for sustainable corporate development in the German-speaking SME sector. INDUS acquires two to three technology-oriented and promising industrial engineering companies for the Engineering, Infrastructure, and Materials segments annually. As a value-driven investment company with a clear focus on defined growth topics, INDUS provides its operationally independent portfolio companies with active, long-term support in their corporate development, especially in the fields of innovation, market excellence, operational excellence, and sustainability. SDAX-listed INDUS Holding AG has been included in the Prime Standard of the Frankfurt Stock Exchange (DE0006200108) since 1995. INDUS generated sales of around 1.8 billion euros in 2023. For more information, visit www.indus.de.

Note:
This press release contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of INDUS Holding AG and comprise known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. INDUS Holding AG assumes no obligation to updated forward-looking statements.

Contact:
Nina Wolf & Dafne Sanac
Public Relations & Investor Relations