May 29, 2015 - Assignment

Nord-Lock acquires rights to Grower Twin-Lock®

The Nord-Lock Group has acquired the rights to Grower Twin-Lock® from Growermetal SRL. In connection with the acquisition, Nord-Lock has entered into a strategic production and technical development agreement for the manufacture of wedge-locking washers.

Nord-Lock is a supplier of wedge locking solutions and is recognized as the market leader within the sector. The group is owned by Investment Latour AB. Growermetal is an Italian producer of safety washers with renowned quality and manufacturing excellence.

Nord-Lock was advised by Mannheimer Swartling in the transaction. The firm’s team included Johan Lekholm, Teresa Hellmo Fahlander and Isabel Lindeberg.