With the acquisition, Nedschroef intends to further develop from a specialist manufacturer of fasteners to a high-end engineering company capable of engaging in the development of early-stage automotive projects working jointly with OEMs.
Koninklijke Nedschroef Holding B.V. (Nedschroef), one of the world’s largest fasteners manufacturers, has signed an agreement to acquire CP Tech GmbH, a leading component manufacturer and engineering service provider. CP Tech, established in 2006 and located in Büren, Germany, employs 175 experts in advanced engineering offering complete solutions to many of the world’s most prestigious car manufacturers.(…)
via Nedschroef – News.