IFTG and KROHNE to cooperate

Peter Eriksson (Geschäftsführer von IFTG) und Stephan Neuburger (Geschäftsführer von KROHNE)

Indutrade Flow Technology Group (IFTG) and KROHNE have signed a distributor agreement. According to the contract, IFTG receives the exclusive right to distribute the whole KROHNE product range in Denmark, Finland and Sweden for the next five years. The contract with IFTG replaces the agreement with Fagerberg, a branch of IFTG.







Stephan Neuburger, Managing Director of KROHNE, says: ?We are glad that we were able to ensure that our customers in Scandinavia get the best solutions for their processes using KROHNE measurement instrumentation. IFTG, which has an enormous standing in these countries is the ideal partner to realize our business strategy.?

About Indutrade
Indutrade markets and sells components, systems and services with a high-tech content to industrial customers within selected niches.

The Group is devided into four business areas;

	Engineering & Equipment
	Flow Technology
	Industrial Components
	Special Products

Indutrade consists of four business areas and about 60 subsidaries. The Group?s operations are concentrated in markets in Northern Europe. The main markets are Sweden and Finland, which jointly accounted for approximately 73 per cent of net sales in 2005. In addition, the Group operates in Norway, Denmark, Germany, the Benelux countries, the Baltic States and Russia.

In 2005, Indutrade?s net sales amounted to SEK 3,822 million. The Indutrade Group employed about 1 534 people during 2005. Most of the Group?s subsidiaries specialize in a specific niche, possess a high level of technical expertise and are highly familiar with their customers? production processes.

About KROHNE
KROHNE is a global leader in design, development and manufacturing of innovative and reliable process instrumentation; providing measurement solutions to all industries worldwide.
Founded in 1921 in Duisburg, Germany, KROHNE now employs 2,285 people worldwide, generating total sales of ? 227 million in 13 production facilities and 38 KROHNE-owned companies and joint ventures.

Information: KROHNE, Thomas Zimmerling,
E-Mail: TZimmerling@krohne.de

2006/09/29
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