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28.09.26 - 08:36
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Latour expands Nord-Lock Group′s business offering within critical fasteners by acquisition of Bolt and Nut Manufacturing Limited (Cision)
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Investment AB Latour (publ) has, through its wholly owned business area Nord-Lock Group, signed an agreement to acquire 100 percent of Bolt and Nut Manufacturing Limited (Bolt and Nut).
Founded in 2008, Bolt and Nut is a leading manufacturer of specialty bolts and non-standard fasteners. Exporting globally from its facility in Wolverhampton, UK, it supplies highly demanding industries such as Oil and Gas, Petrochemicals, Power Generation, Nuclear, and Defense. Bolt and Nut have a revenue exceeding 17 MGBP and a profitability level above Latour's wholly-owned industrial operations.
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