Atlas Copco Agrees to Acquire Self-Pierce Riveting Business - Modern Distribution Management

Atlas Copco Agrees to Acquire Self-Pierce Riveting Business

The self-pierce riveting segment is expanding fast due to the growing use of lightweight materials in the automotive and other industries.

Swedish manufacturer Atlas Copco, (STO: ATCOA, ATCOB), Nacka, Sweden, has agreed to acquire self-pierce riveting specialist Henrob with main facilities in the U.S. and the U.K. The acquisition offers Atlas Copco an opportunity to expand in a fast-growing market segment, with state-of-the art technology.

Henrob specializes in self-pierce riveting, a mechanical fastening process for joining two or more sheets of material where welding is difficult, such as aluminum. The self-pierce riveting segment is expanding fast due to the growing use of lightweight materials in the automotive and other industries, a trend driven by increasingly stringent emission standards. Automakers are working hard to improve fuel economy, and weight reduction using aluminum is an effective measure in meeting these requirements.

“Henrob is a strategic fit in our portfolio of adjacent fastening technologies for the automotive industry,” said Mats Rahmström, president of industrial technique business area. “It is a logical addition to our automotive body shop business. Now we can serve customers with three assembly technologies: tightening, adhesives and self-pierce riveting.”

Henrob is a supplier to auto manufacturers in Europe and North America. Atlas Copco’s global footprint will open up possibilities to serve customers in more markets. Henrob will become a business line within the MVI Tools and Assembly Systems division in the Industrial Technique business area. The brand will be kept.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!