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Actuant completes Hydratight Sweeney acquisition
(17/10/2006)

Actuant Corporation has completed the Hydratight Sweeney acquisition. Total consideration for the previously announced transaction was approximately $93 million with proceeds being funded from Actuant’s existing credit facilities. Hydratight Sweeney, with headquarters in Birmingham, United Kingdom, manufactures and provides bolting products and services to the oil and gas, power generation, industrial, and other end-user markets. Commentin... [more]

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