*

Hitt og þetta 10. apríl 2006

Brady Corporation acquires Tradex Converting AB

Nordic Business Report-April 10, 2006-Brady Corporation acquires Tradex Converting AB
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

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).

((Comments on this story may be sent to tww.feedback@m2.com))