Indutrade AB (publ) (OM:INDT) signed an agreement to acquire Tecno-Plast Industrietechnik Gmbh on January 20, 2021. Tecno-Plast Industrietechnik Gmbh has an annual sales of approximately €23 million. The acquisition is conditional upon approval by the German Competition Authority and it is expected to be completed in February 2021. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share. Ali Sahin, Till Naruisch, Erdem Sismangil, Frank Hollstein, Markus Collisy, Christoph Hexel, Klaus Weinand-Härer, Frederik Wiemer, Astrid Luedtke and Beatrice Stange of Heuking Kühn Lüer Wojtek acted as legal advisor for TECNO PLAST. Indutrade AB (publ) (OM:INDT) completed the acquisition of Tecno-Plast Industrietechnik Gmbh on February 12, 2021.