Growermetal enters into partnership with Nord-Lock Group
30 July 2015
Growermetal Srl and Nord-Lock Group 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 its wedge–locking washers 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 its original wedge-locking safety washers for more than 30 years and is widely recognised as the market leader in this sector.
As a result of this agreement, Nord-Lock Group has acquired the Grower Twin-Lock® brand and Growermetal has agreed to supply wedge-locking washers exclusively to Nord-Lock Group. 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, commented: “We are very pleased with this partnership. 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, added: “We are very excited to enter into this long-term relationship because Growermetal has world-class manufacturing capabilities. With its production of Grower Twin-Lock in its 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.”
