The Hilti Group acquired Germany-based PEC Group, strengthening its market position in the fastening solution segment.

Founded in 2008, PEC Group produces anchor and installation channels as well as accessories for fastening elevators and façades and tunnel and bridge construction applications. The company employs 100 workers at its German headquarters, a manufacturing site in Suzhou, China, and sales locations in Pune, India, and Dubai, UAE. Web: pec-group.de 

Liechtenstein-based Hilti supplies construction fasteners and other products. Web: hilti.com