West Bromwich, West Midlands, UK, November 28, 2013: Tentec Ltd is delighted to
announce that the company has been acquired by the global industrial group, Atlas Copco, a leading supplier of sustainable productivity solutions.
Announcing the acquisition, Tentec’s Managing Director, Mike Gethings, who founded Tentec in 1988, together with CEO Adrian Pegler, said: “We will continue with business as usual by maintaining a strong growth strategy while at the same time utilising Atlas Copco’s sales and marketing channels, along with its research and development organisation. This investment will lead to enhanced growth for Tentec and will benefit both our customers and distributors as we will be able to call on Atlas Copco’s global sales, distribution, service and maintenance network. All our specialised, qualified and experienced personnel will remain in place providing the first class innovation and service that has enabled Tentec to out-perform the industry for more than two decades.”
The Tentec brand will remain and Tentec will be part of Atlas Copco’s General Industry Tools and Assembly Systems Division of Atlas Copco Industrial Technique. Speaking from Atlas Copco in Sweden Mats Rahmström, business area president for Atlas Copco Industrial Technique says: “The acquisition of Tentec completes our portfolio of hydraulic bolt-tightening solutions that we are offering to several key industries. This will help enhance customers’ productivity and assembly process quality.”
Tentec, specialists in bolt tightening solutions, designs, manufactures and markets bolt tightening and tensioning products for use in the global oil and gas, power generation, wind power and mining industries.
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Further Details: Paul Egginton. Tentec Ltd. Plymouth House. Guns Lane, West Bromwich, West Midlands B70 9HS. Tel: + 44 (0) 121 524 1990 Fax: + 44 (0) 121 524 1999
E-mail: email@example.com Web: http://www.tentec.net
November 28, 2013