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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