Industry News

Indutrade acquires Young Black Ltd 25 August 2017

Swedish international industrial group Indutrade AB has announced it has entered an agreement to acquire all of the shares in Young Black Industrial Stapling Ltd, which has annual sales of approximately GB£10 million (€11.4 million).

Young Black is a technology sales company selling a wide range of fastening products, pneumatic tools, compressors, hoses and couplings to British industry and construction companies. Possession is expected to take place in mid July 2017. The company will be part of Indutrade’s special products business area.
Young Black is a private limited company established in 1979 and managed by two main directors – David Black and Lawrence Young.
Indutrade is a long-term owner, purchasing profitable, well-managed companies that are able to continue business as usual, retaining name, culture and management after acquisition. Once acquired the companies are not subject to further sale. The Group has acquired more than 100 companies during the last decade and expects its growth to continue to be fuelled through further acquisitions of companies with net sales exceeding €3 million.

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Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.

Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.