18 April 2017

ARTHOS advises MaxxVision on its sale to Indutrade AB

Selling to a strategic investor targeting buy and build in Vision Technology
Indutrade (Stockholm, Sweden) today signed an agreement to acquire all of the shares in MaxxVision GmbH (Stuttgart, Germany) with annual sales of approximately EUR 8 million.

ARTHOS acted as exclusive financial adviser to the shareholder of MaxxVision GmbH in this transaction. ARTHOS provided full sell-side advisory services including analyzing and approaching national and international potential strategic partners together with AICA partner firms, and driving the subsequent M&A process including co-ordination of the due diligence and contract negotiations.

MaxxVision is a technology sales company that offers image handling technology for industrial and visual communication, such as cameras, lenses and lighting for applications such as quality control, manufacturing, robot control, product identification and analyses. Possession takes place today and the company will be part of Indutrade’s Industrial Components business area. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.

About Indutrade
Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade’s business is distinguished by
• High-tech products for recurring needs
• Growth through a structured and tried and tested acquisition strategy
• A decentralised organisation characterised by an entrepreneurial spirit

The Group is organized into six business areas: Engineering & Equipment, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and Special Products. Indutrade’s sales totalled SEK 12,955 million in 2016, generating operating income of SEK 1,484 million before depreciation of intangible assets. Indutrade is listed on Nasdaq Stockholm.

About MaxxVision
MaxxVision is one of Europe´s leading value added distributors of components in the fields of industrial image processing and visual communication. Founded in 2000 and based in Stuttgart, MaxxVision offers a wide range of image processing technologies for industry and visual communication such as cameras, lenses and lighting, including related services for all applications and industries.

ARTHOS is an independent M&A advisory firm and specialist for digital media, IT and industrial technologies based in Munich. Since 2003, ARTHOS services customers on the buy- and sell-side regarding the acquisition or disposal of companies and business units worldwide. The partners of ARTHOS so far have successfully closed over 150 M&A transactions. ARTHOS is member of AICA – the global Alliance of International Corporate Advisers.