Atlas Copco acquires bolt-tightening solutions specialist
Stockholm, Sweden, November 22, 2013: Atlas Copco, a leading supplier of sustainable productivity solutions, has acquired UK-based Tentec Ltd., which develops and markets bolt-tightening solutions. The acquisition broadens Atlas Copco’s range of products and services offered to the oil and gas, power generation and mining industries.
“The acquisition of Tentec completes our portfolio of hydraulic bolt-tightening solutions that we are offering to several key industries,” said Mats Rahmström, Business Area President for Atlas Copco Industrial Technique. “This will help enhance customers’ productivity and assembly process quality.”
The acquired business becomes part of the General Industry Tools and Assembly Systems division within Industrial Technique, and the legal owner is Atlas Copco Holding UK Ltd.
For more information about Tentec, see www.tentec.net.
For further information please contact:
- Mats Rahmström, Business Area President, Industrial Technique +46 (0)8 743 8505
- Ola Kinnander, Media Relations Manager +46 (0)8 743 8060 or +46 (0)70 347 2455