Indutrade AB (publ) (OM:INDT) acquired Hobe GmbH from a group of financial investors led by Family Trust Investor on January 10, 2023. Hobe will be included in Indutrade's Business Area DACH. Hobe reported annual sales of approximately ?7 million. Ernst & Young Corporate Finance Beratung GmbH acted as financial advisor and provided the Due Diligence services to Family Trust Investor FTI GmbH on the Deal.

Indutrade AB (publ) (OM:INDT) completed the acquisition of Hobe GmbH from a group of financial investors led by Family Trust Investor on January 10, 2023.