Calco, 28 April 2015
Growermetal enters into a strategic production and technical partnership with Nord-Lock Group
From left: Ola Ringdahl, Paolo Cattaneo
Growermetal and Nord-Lock Group (Sweden) have entered into a strategic production and technical development agreement for the manufacture of wedge-locking washers. Nord-Lock has seen the global demand for their wedge–locking washer continue to grow strongly. The objective of this strategic cooperation is to ensure a high quality production capacity and technical development for the future.
Growermetal has developed and manufactured safety washers for more than 60 years and has a global reputation for high quality and manufacturing excellence.
Nord-Lock has been manufacturing and supplying their original wedge-locking safety washers for more than 30 years and is widely recognized as the market leader in this sector.
As a result of this agreement, the Nord-Lock Group has acquired the Grower Twin-Lock® brand and Growermetal has agreed to supply wedge-locking washers exclusively to the Nord-Lock Group.
Therefore, with this strategic partnership, Growermetal shall further increase its expertise and production volumes in the wedge-locking washers business.
Paolo Cattaneo, Managing Director at Growermetal, comments: ‘We are very pleased with this partnership. The Nord-Lock Group has an extensive global sales network and has shown a strong ability to grow through technical sales. Together we will provide the world with wedge-locking products of the highest quality.’
Ola Ringdahl, CEO of Nord-Lock Group, comments: ‘We are very excited to enter into this long-term relationship because Growermetal has world-class manufacturing capabilities. With their production of Grower Twin-Lock® in their premises in Italy, in combination with Nord-Lock’s expertise in wedge-locking in the existing ‘Nord-Lock’ factory in Sweden, we can continue to supply our customers with the high quality market leading products they expect.’
For further information, please contact:
Growermetal, Mr. Paolo Cattaneo (Managing Director), email@example.com
Nord-Lock Group, Mr. Ola Ringdahl (CEO), firstname.lastname@example.org