Nord-Lock Group has acquired distributor IDQ Investigación Diseno y Calidad, S.A.U. of Spain.

Founded in 1997, IDQ has seven employees and reported sales of SEK 17 million (US$1.92 million) in 2017. Web: idqsa.net

“Spain is a significant market for bolt securing and tensioning and the aim is to secure the continued strong growth Nord-Lock Group currently achieves,” the group said in a statement.

Founded in 1982, the Nord-Lock Group is based in Malmo, Sweden, and has subsidiaries in the UK, the U.S. in Carnegie, PA; and Asia. Web: Nord-Lock.com

Nord-Lock is owned by Investment AB Latour Investment AB Latour, a company listed on the Stockholm Stock Exchange. Web: Latour.se/sv

In 2011 Nord-Lock acquired Superbolt Inc. and P&S Vorspannsysteme AG; in 2015 Boltight Limited, a hydraulic bolt tensioning company; and in 2016, Expander System, a pivot wear solutions company.