Latour agrees to buy UK special fastener maker Bolt and Nut Manufacturing
Bitget2026/09/28 06:31- Latour agreed to buy 100% of UK-based Bolt and Nut Manufacturing through its Nord-Lock Group unit.
- Bolt and Nut makes specialty bolts and non-standard fasteners for demanding industries; revenue exceeds GBP 17 million.
- Nord-Lock will also acquire the remaining 25% stake in Energy Bolting in Wolverhampton.
- Latour expects net debt excluding IFRS 16 to rise to about SEK 12.6 billion versus end-June 2026, all else equal.
- Closing is expected in Q4 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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