UK: Boltight aquired by NORD-LOCK GROUP

Boltight's Directors will continue to manage the company, which was founded in 1999, from its UK base in Walsall in the West Midlands.

 

The acquisition brings together a number of unique technologies, which will benefit customers in a multitude of markets and geographies. Utilising the combined distribution outlets now available within the Group, each company will be able to grow and develop more quickly and offer enhanced support on a worldwide stage.

 

Boltight's hydraulic bolt tensioning systems have a global reputation for innovation and quality. The company's products are in use all over the world for demanding applications in the oil and gas, power generation, wind energy, industrial engineering, construction and mining industries. 

 

The Nord-Lock Group specialises in bolt securing and bolt tensioning systems. The combined strength of Nord-Lock's wedge locking washers, its Superbolt mechanical tensioning systems and Boltight's innovative hydraulic bolt tensioning systems, creates a powerful and market leading proposition in the increasingly important area of secure bolting solutions. 

 

Said Fred Heaton, Managing Director of Boltight: “We welcome the acquisition and the opportunity of accelerated growth made possible by becoming part of the Nord-Lock Group.”

 

Commented Ola Ringdahl, CEO of the Nord-Lock Group: “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.”