We are pleased to share that Indutrade has signed an agreement to acquire all shares in the Dutch company Utodas B.V. with annual sales of approximately EUR 3 million. As a leading manufacturer of measurement solutions for industrial, infrastructure, and water treatment applications, this acquisition is a well-aligned complement to Labkotec’s offering with strong synergies in terms of technology and market presence.
Utodas is a provider of remote level monitoring solutions for dry and liquid bulk goods. The company specialises in solutions that provide customers with real-time insights into their stock levels. Its customers operate in various sectors, including chemical, biomass and fuel industries. Utodas was founded in 2010, has eight employees and is located in Rhenen, the Netherlands.
We warmly welcome the Utodas team to the Indutrade and Labkotec family and look forward to a successful collaboration!
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Indutrade acquires the level monitoring specialist Utodas
About Indutrade
Indutrade is an international technology and industrial business group that today consists of over 200 companies in some 30 countries, mainly in Europe. In a decentralised way, we aim to provide sustainable profitable growth by developing and acquiring successful companies managed by passionate entrepreneurs. Our companies develop, manufacture, and sell components, systems and services with significant technical content in selected niches. Our value-based culture, where people make the difference, has been the foundation of our success since the start in 1978. Indutrade’s net sales totalled SEK 32.5 billion in 2024, and the share is listed on Nasdaq Stockholm in Sweden.