Boltight, the specialist hydraulic bolt tensioning company, has been acquired by Sweden’s Nord-Lock Group (Sweden), a provider of bolt securing systems.
Boltight’s directors will continue to manage the company, which was founded in 1999, from its UK base in Walsall in the West Midlands.
Fred Heaton , Managing Director of Boltight, said: : “We welcome the acquisition and the opportunity of accelerated growth made possible by becoming part of the Nord-Lock Group.”
Ola Ringdahl , CEO of the Nord-Lock Group, commented: “We are excited by the acquisition of Boltight which takes us one step further to achieving prominence in the global business of bolt securing systems. Boltight´s high-quality product range will open up many interesting business opportunities. We are very pleased to welcome Boltight into the Nord-Lock Group.”