Indutrade has signed an agreement to acquire all shares in the British company Crane Group Holdings Ltd., www.crane-electronics.com with annual sales of approximately GBP 8 million (SEK 105 million).
Crane Electronics develops, manufactures and sells torque management and control solutions. Its product range includes intelligent digital torque wrenches, rotary and static torque transducers, data collectors, and torque testers, complemented by aftermarket and calibration services. Customers include distributors and OEMs operating in general industry, aerospace, automotive and defence sectors.
Crane Electronics was founded in 1971, has 72 employees and is located in Hinckley, UK, with subsidiaries in the US and in Germany. The company has strong expertise in its niche and a proven track record of sustainable, profitable growth.
The closing took place on 29 August and Crane Electronics will be included in Indutrade's Business Area Technology & Systems Solutions. The acquisition is Indutrade's eighth in 2025 and is expected to have a marginally positive impact on Indutrade's earnings per share.