Convex advises on Energy Bolting sale to Nord-Lock Group.
Convex advised Energy Bolting Limited, a market-leading manufacturer of critical fasteners serving the global energy and defence sectors, on a strategic sale to Nord-Lock Group, the global leader in bolted solutions, owned by Nasdaq OMX Stockholm-listed Investment AB Latour.
Energy Bolting – https://www.energybolting.com
Nord-Lock Group – https://www.nord-lock.com
Energy Bolting are experts in premium specialty bolting, specifically developing customised critical fasteners for demanding applications in industries with challenging operating conditions. With a strong focus on customer service, short lead times, accreditations and traceability, and rigorous quality control, Energy Bolting has steadily expanded its presence in key markets and built a loyal customer base. Headquartered in Wolverhampton, UK, the company was founded in 2018 by Robin Hart-Archer and Dan Pearce, and has a revenue exceeding £7 million with a profitability level well above Latour’s wholly-owned industrial operations.
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 billion and about 730 employees.
Nord-Lock Group is acquiring Energy Bolting primarily to integrate premium specialty bolting into its product portfolio. The acquisition also aligns well with Nord-Lock Group’s strategic direction to expand its offering in critical bolted joint solutions and to strengthen its position in key industries such as Oil & Gas, Power Generation, and Defence. While Nord-Lock Group already collaborates with these industries, Energy Bolting’s well-established accreditation processes will enable even deeper market penetration.
Energy Bolting’s products and services will significantly benefit from Nord-Lock Group’s global reach and local presence. These go-to-market capabilities will create strong synergies with Energy Bolting’s niche offering in the premium specialty bolting segment. As a result, more manufacturers and operators around the world are expected to adopt Energy Bolting’s solutions to enhance their operations. With the acquisition of Energy Bolting, Nord-Lock Group is poised to further solidify its reputation as the industry-leading partner in safeguarding investments, ensuring mechanical integrity, and protecting human lives.
Nord-Lock Group CEO, Daniel Westberg, commented:
“The acquisition of Energy Bolting places our group in a great position to expand operations. We’ve long aimed to incorporate premium specialty bolting into our portfolio and capture market share in key industries. With Energy Bolting’s expertise and impressive operational capabilities, we’re well-positioned to excel on all fronts.”
Energy Bolting Managing Director, Robin Hart-Archer, reacted to the deal:
“We’re proud of our strong position in premium specialty bolting and our track record in securing key industry accreditations. To support our next phase of growth, we’ve been focused on enhancing how we reach new customers. With Nord-Lock Group’s global sales reach and established relationships with leading Original Equipment Manufacturers, we now have a compelling platform to expand into new markets.”
