Latour
Latour expands Nord-Lock Groups business offering into critical fasteners by acquisition of Energy Bolting Limited
Investment AB Latour (publ) has, through its wholly-owned business area Nord-Lock Group, acquired 75 per cent of Energy Bolting Limited.
Energy Bolting is a manufacturer of critical fasteners, primarily towards customers with high demands for quality, traceability and need for certification. The company was founded in 2018 by Robin Hart-Archer and Dan Pearce and is based in Wolverhampton, Great Britan and has a revenue exceeding 7 MGBP and a profitability level well above Latour’s wholly-owned industrial operations.
”We warmly welcome all Energy Bolting employees to the Nord-Lock Group. We are confident that our combined strengths will contribute positively to our joint portfolio, which is now being complemented through the acquisition. Nord-Lock Group looks forward to continuing to support Energy Bolting’s growth journey and future development”, says Nord Lock Group CEO Daniel Westberg.
”We are very pleased that Energy Bolting is now becoming part of the Nord-Lock Group. We are confident that the company will benefit from this partnership. By joining the Nord-Lock Group, we significantly expand our global reach and get access to new industries. A great base for continued and accelerated growth”, says Robin Hart-Archer, Managing Director Energy Bolting.
As an effect of the acquisition the net debt (excl. IFRS 16) of the Latour Group is expected to increase compared to the net debt level at the end of March 2025, to around SEK 15,5 billion, all else equal.
Gothenburg, June 4, 2025
INVESTMENT AB LATOUR (PUBL)
Johan Hjertonsson, CEO
For further information, please contact:
Daniel Westberg, CEO Nord-Lock Group, +46 707 32 91 77
Marcus Lundevall, CFO Nord-Lock Group, +46 704 71 07 45
Fredrik Lycke, Investment Director Investment AB Latour, +46 793 40 28 02
Nord-Lock Group is a global leader in bolted solutions. Its innovative technologies combined with its industry-leading expertise secures millions of critical applications across the globe. The product portfolio includes Nord-Lock® wedge-locking washers, Superbolt® mechanical tensioners, Boltight® hydraulic tensioners and Expander® System pivot pins. The company’s solutions are developed and manufactured in-house. Nord-Lock Group has a turnover of approx. SEK 2,0 billion and about 730 employees.
Investment AB Latour is a mixed investment company consisting primarily of a wholly-owned industrial operations and an investment portfolio of listing holdings in which Latour is the principal owner or one of the principal owners. The investment portfolio consists of ten substantial holdings with a market value of SEK 85 billion as of 31 May, 2025. The wholly-owned industrial operations have an annual turnover of about SEK 28 billion.
Datum | 2025-06-04, kl 09:45 |
Källa | Cision |
