Oct 27 - Tensor AB as new majority owner

We announce that Kemostål's partner, Tensor AB, acquires a majority stake of the outstanding shares in Kemostål Process Technology AB.

Tensor is a Swedish industrial company specialized in bolt tensioning systems and all associated services for nuclear, oil, energy and customer specific markets. Over the years the two companies have been partnering up for a solid cooperation in several projects. With the subject acquisition we are convinced to achieve an even greater synergy and support between Tensor and Kemostål to strive for a great future together.

Our developed partnership with Tensor as a major stake holder will strengthen Kemostål on all aspects towards our continues goal of delivering process technology with world class know-how and commitment. We believe to be considered as an even stronger partner now for all existing and future customers as well as the supply chain for all of our offerings.

Furthermore the founder Mr. Lars Klingström with family still holds a major stake of the share capital together with the longtime partner Mr. Göran Eriksson. We are also happy to confirm that the existing management team will remain intact for a foreseeable future to continue working hard to create a solid and stable organization for all associated parties. 

With this said we are happy to welcome Tensor AB as our new owner.

To find out more about Tensor, please visit www.tensor.se

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