Hitt og þetta 10. apríl 2006

Brady Corporation acquires Tradex Converting AB

Nordic Business Report-April 10, 2006-Brady Corporation acquires Tradex Converting AB
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The US identification solutions and die-cut components supplier Brady Corporation said on Friday (7 April) that it has agreed to acquire Swedish company Tradex Converting AB for an undisclosed sum.

Tradex Converting manufactures self-adhesive components for the mobile phone industry. It has 1,000 employees worldwide, with production operations in Sweden, China, South Korea and Brazil, as well as a sales, engineering, prototyping and service network covering eight countries. The company reported sales of approximately SEK680m in 2005.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

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