Atlas Copco completes acquisition of Rapid-Torc
Tuesday, 23 April 2013
Atlas Copco has closed the acquisition of the business of U.S-based Rapid-Torc, which develops and markets hydraulic torque wrenches.
According to a press release, the acquisition broadens Atlas Copco’s product range and will extend its expertise to new customers. Rapid -Torc, with offices in Houston, Texas, and Brussels, Belgium, has about 30 employees and had revenues in 2012 of MUSD 11 (MSEK 75.)
The company is specialized in hydraulic torque wrenches and also supplies bolt tensioners and related accessories for high-torque applications.
The acquired business will be part of Atlas Copco’s Industrial Technique business area.
by scancomark.com Team
We welcome your contribution. Did you find anything wrong with this article? Do you want to contribute to our news network? Do have a news tip or assist us with a correction
Granscole Studios Web design Pro | Web analysis | Operations Management Consult | Marketing Consult |
Support and Contact Support | Corrections | Contact Us
Connect with Scandinavian Companies and Market