Bulten is continuing to win new FSP contracts and has been awarded new business with an annual value of approximately EUR 20 million
Bulten has been awarded an FSP (Full Service Provider) contract for supply of fasteners to a major automotive manufacturer. The annual order value is of approximately EUR 20 million and provides a strong relationship for the years ahead.
“With this contract, Bulten significantly strengthens its relationship with a global customer. This is a contract where Bulten has and will contribute in the early development phase and we are delighted and honoured to be awarded the contract and look forward to continue the collaboration,” says Tommy Andersson, President and CEO of Bulten.
The technical competences within Bulten, along with many years of experience of successfully supplying complex and critical fasteners to the automotive industry, were the main contributors in winning this prestigious contract. The new deliveries will continue over a number of years, starting 2017 with a gradual increase until full delivery capacity in 2019.
“We continue to strengthen Bulten’s position and we have good potential to further grow our business and gain market shares in the years to come,” says Tommy Andersson.
For further information, please contact:
Tommy Andersson, President and CEO, Bulten
Tel: + 46 (0)31-734 59 00, e-mail: media@bulten.com
Bulten discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09:00 CET on September 16, 2015.
Bulten AB (publ) is one of the leading suppliers of fasteners to the international automotive industry. The company’s product range includes everything from customer-specific standard products to specialist, customized fasteners. The company also provides technical development, line-feeding, logistics, material and production expertise. Bulten offers a Full Service Provider concept or parts thereof. Bulten AB (publ):s share is listed on Nasdaq Stockholm. Read more at www.bulten.com.
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