Seller: Foreman Capital
Target: Thermo Electric
Advisors seller: JSA Tax, Vriman Lawyers
Buyer: Indutrade
Advisors buyer: Teekenskarstens
Date announced: 2018-10-25

Indutrade, an international industrial group that sells high-tech products and solutions, has acquired Thermo Electric , a Dutch company that develops, manufactures, markets and calibrates temperature sensors. Thermo Electric is a portfolio company of Foreman Capital. Thermo Electric has 55 employees and annual sales of approximately EUR 11 million. Thermo Electric will be a subsidiary of Indutrade’s Swedish company Pentronic

Press release: Original source