Enerpac Parent Company Acquires Hydratight Sweeney

摘要

Actuant Corporation parent company of Enerpac announced the completion of its Hydratight Sweeney acquisition.Total consideration for the previously announced transaction was approximately US93 million with proceeds being funded from Actuant's existing credit facilities..Hydratight Sweeney,with headquarters in Birmingham,United Kingdom,manufactures and provides bolting products and services to the oil and gas,power generation,industrial,and other end-user markets.