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.”