Pirtek Europe acquires Slangakuten
06 Oct 2017
Pirtek Europe Limited (“Pirtek Europe”) acquires Slangakuten AB, one of Sweden’s leading hydraulic hose replacement businesses.
Pirtek Europe, established in the UK in 1988, is Europe’s leading provider of emergency hydraulic hose replacement services. This acquisition establishes Pirtek in the Scandinavian market and strengthens its position as the number one provider in Europe. For Slangakuten, the acquisition provides the support and resources to accelerate its expansion program.
Alex McNutt, Group CEO Pirtek Europe said, “I am delighted that Slangakuten is now part of the group and we all look forward to working with Stefan Fallenius as Managing Director to expand the business throughout the region. Slangakuten is a very well-managed company and is a great addition to our European operations”.
Stefan Fallenius, Slangakuten’s CEO and founder said, “I am extremely happy to enter into this partnership with Pirtek Europe, which will allow us to strengthen our position in the marketplace and drive the business forward, Over the coming months Slangakuten will begin the transition to the familiar Pirtek branding and will continue to deliver excellent service to Slangakuten’s existing and new customers”.
For more information about Pirtek please visit http://www.pirtek.eu/