Indutrade has signed to acquire all the shares in Dutch company Magistor B.V., a company with an annual turnover of around EUR15 million (SEK165 million).
About Magistor
Magistor is a technical trading company offering high-quality cutting tools and blasting media. The company serves the Dutch metalworking industry, with customers mainly in the semiconductor, aerospace and defence industries. Its product range includes solid carbide end mills and drills, micro tools and thread cutting tools, as well as metal and non-metal blasting media. In addition, Magistor offers value-added services such as process optimisation and technical support. Magistor was founded in 2003, has 17 employees and is based in Rijssen, the Netherlands.
Vision for the future
"Magistor brings deep technical expertise, an attractive offering of premium brands and longstanding relationships with its European suppliers. We look forward to supporting them on their continued journey of profitable growth", said Bo Annvik, President and CEO of Indutrade.
The closing took place on 1 October. Magistor will be incorporated into Indutrade's Industrial & Engineering Business Area. The acquisition is Indutrade's tenth transaction in 2025 and is expected to have a marginally positive impact on Indutrade's earnings per share.
Guidance transaction
TK acted as legal advisor to Indutrade on this acquisition. The TK team consisted of Rudolph Snethlage, Onno Cusell, Kim Remerij and Han Lin Kok.
