PennEngineering acquired Tokyo-based Eurotec Ltd., a specialty technical reseller of metal fabrication equipment, fastener installation systems and clinch and sheet metal fasteners. Terms of the deal were not disclosed.

The acquisition will provide the Japanese market with permanent access to PennEngineering’s PEM and PROFIL fasteners and installation equipment, the company stated.

“PennEngineering’s acquisition of Eurotec reflects our steadfast commitment to strategic expansion in Japan,” stated PennEngineering CEO Leonard Kiely.

“We look forward to partnering with Eurotec and investing in additional resources dedicated to introduce our unique technologies to consumer and automotive electronics, as well as the automotive OEM market.”

Eurotec will maintain operations in Japan and join the existing brands under the PennEngineering corporate umbrella.

Incorporated in 1990, Eurotec Ltd. began importing and distributing sheet metal machines from Europe and the U.S. In 2000, the company started distributing clinching fasteners and welding studs. Web: eurotec21.com

Founded in 1942, Danboro, PA-based PennEngineering designs and manufactures self-clinching fasteners, threaded inserts, and other threaded and unthreaded fasteners used in automotive, consumer electronics, industrial and electric vehicle markets. Web: Pemnet.com