Bulten acquires minority post in TensionCam Systems AB
Bulten has today acquired newly issued shares in TensionCam Systems AB for a purchase price of SEK 6 million. After the acquisition, Bulten becomes the owner of 27% of TensionCam's shares. Thus, Bulten and TensionCam will deepen their cooperation in the development of wireless clamp force monitoring of screw joints.TensionCam is a Gothenburg-based company, specializing in the development of sensors for clamp force monitoring in screw joints and is, after the new share issue, 73% owned by G-Coder Systems AB. The company, both individually and together with industrial partners and research