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Atlas Copco AB Acquires Hydraulic Torque Wrench Business

Tuesday, 12 Mar 2013 03:45am EDT 

Atlas Copco AB announced that it has agreed to acquire the business of United States-based Rapid-Torc, which develops and markets hydraulic torque wrenches. Rapid-Torc, with offices in Houston, Texas, and Brussels, Belgium, has approximately 30 employees and had revenues in 2012 of USD 11 million (SEK 75 million) The company is specialized in hydraulic torque wrenches and also supplies bolt tensioners and related accessories for high-torque applications. The acquired business will be part of the General Industry Tools and Assembly Systems division within Industrial Technique. 

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