Investment company Latour has, through Nord-Lock Group, signed an agreement to acquire all shares in UK-based Bolt and Nut Manufacturing, a manufacturer of special bolts and non-standard fasteners.
Bolt and Nut has revenue of more than GBP 17 million and profitability exceeding that of Latour’s wholly owned industrial operations. The company supplies, among others, the oil and gas industry, power generation, nuclear power and defence.
Nord-Lock is simultaneously acquiring the remaining 25 percent of Energy Bolting. The transactions are expected to increase the Latour Group’s net debt, excluding IFRS 16, to approximately SEK 12.6 billion compared with the level at the end of June 2026.
The acquisition of Bolt and Nut is expected to be completed during the fourth quarter of 2026.
