Bulten has acquired newly issued shares in TensionCam Systems AB for a purchase price of SEK 6 million. After the acquisition, Bulten becomes the owner of 27% of TensionCam’s shares. Thus, Bulten and TensionCam will deepen their cooperation in the development of wireless clamp force monitoring of screw joints.(…)
via Bulten Acquires Minority Post in TensionCam Systems AB-Fastener World.