Atlas Copco has agreed to acquire Rapid-Torc, a specialist in hydraulic torque wrenches and bolt tensioners, to enhance its suite of industrial tools in the U.S. market.

Target Company Overview

Rapid-Torc, headquartered in Houston, Texas, and Brussels, Belgium, employs approximately 30 people and reported revenues of USD 11 million (SEK 75 million) in 2012. The company specializes in hydraulic torque wrenches and offers bolt tensioners along with related accessories utilized in high-torque applications. Following the acquisition, Rapid-Torc will be integrated into Atlas Copco's Industrial Technique business area, enhancing its portfolio in the precision tool sector.

Industry Overview in the United States

The hydraulic tool market in the United States is characterized by a growing demand for precision tools across various sectors, including automotive, aerospace, and industrial manufacturing. Companies in this industry are increasingly focusing on advanced technologies to enhance efficiency and ensure the quality of applications that require high torque. As domestic manufacturing continues its resurgence, the need for reliable tool solutions becomes paramount, driving growth in this segment.

With stringent safety requirements and the necessity for robust performance in high-stress applications, hydraulic torque wrenches have seen a significant uptick in adoption. The industry is expected to experience continued innovation, parti