Fisco to join Hultafors Group

Fisco Tools Ltd, have announced they are in takeover negotiations with Swedish company Hultafors group, who would acquire 100% of the UK company.
The two companies have worked together for nearly 20 years, jointly distributing each other’s products in their respective markets.

Managing director and part owner of Fisco Peter Fisher said, “The increased concentration of large distributors supplying the construction, building and industrial sectors in Europe and increasingly in the rest of the world imposes ever higher demands on the manufacturing and marketing processes. As part of Hultafors Group we see a range of production, development and market benefits for the coming years giving us much greater strengths compared with going it alone.”