01 August 2011
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Nord-Lock secures two international acquisitions

Swedish security bolt manufacturer Nord-Lock has had a busy summer break completing the acquisition of two international companies: the US company Superbolt and Swiss company P&S Vorspannssysteme.

Both firms offer high-quality products for critical bolting applications and the products are used in heavy industries such as offshore, energy and mining. Mikael Helmerson, managing director of the Nord-Lock Group believes that the acquisition brings together two of the most innovative and trusted bolt securing technologies currently available. "We have very high expectations for our new common future," he said.

Commenting on the deal, Robert Steinbock, President of Superbolt said: "The synergies between Nord-Lock and Superbolt are the best we have seen of all the companies that we have ever considered joining with." He is excited about the potential for the whole company and the ability of the group to now meet all bolt securing needs. The CEO of P&S, Roman Germann, concurred: "Nord-Lock and Superbolt are active in the same sectors and our products are often used in the same challenging conditions," he added.

Visitors to the forthcoming FAST Exhibition, being held at the National Motorcycle Museum on October 20th, will have the opportunity of seeing Nord-Lock's latest combi bolt and learning more about the capabilities of the expanded group.

Author
Paul Gay

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