Bulten increases holding in TensionCam
Bulten has acquired an additional 36.5% of the shares in TensionCam Systems AB at a purchase price of SEK 4 million. The acquisition makes Bulten the majority owner with 63.5% of the company’s shares.
Bulten streamlines its distribution chain
As part of Bulten’s strategy to maintain a strong operational platform, the company has reviewed its global distribution chain. This has prompted a decision to close one of the two logistics centers in Sweden. The cost of the closure amounts to approximately SEK 1.5 million.
Bulten closes manufacturing plant in the UK
In order to streamline the operation and improve profitability, Bulten has decided to close its manufacturing plant in Pembroke, UK. The closure means that 50 jobs are at risk of redundancy.
Bulten nominated as supplier for new EV platform
Bulten has been nominated as a supplier of fasteners for a new global electric vehicle (EV) platform, to be produced in China. The order value is estimated at approximately SEK 155 million a year at full production.
Bulten's Q2 report
Higher sales and closure in Russia create stability in a volatile business climate
Bulten completes divestment of Russian operation
Bulten has today signed an agreement to divest its Russian operation to the Russian company CAR SEATS LLC, and to redeem the Russian automotive manufacturer GAZ’s shares in the joint venture that Bulten and GAZ have owned since 2012.
Notice to attend annual general meeting of Bulten AB (publ)
The shareholders of Bulten AB (publ), org. no. 556668-2141, are called to an Annual General Meeting to be held on Thursday, April 28, 2022 at 17:00 CET at restaurant Break (Hedin Bil AMG Performance Center Sisjön), Norra Långebergsgatan 2, 421 32 Västra Frölunda. Registration for the meeting will be...
Bulten signs FSP contract for a new European electric vehicle program
Bulten has signed an FSP (Full Service Provider) contract regarding the supply of fasteners for a new European electric vehicle program with a global automotive manufacturer, which is also an existing customer of the company. The contract value is approximately SEK 75 million annually at full capaci...
Bulten signs FSP contract with clear sustainable objectives
Bulten has signed an FSP (Full Service Provider) contract regarding the supply of fasteners to a new European vehicle program for a global automotive manufacturer, which also is an existing customer of the company. The contract value is approximately SEK 100 million annually at full capacity.
Bulten wins major FSP contract for an electric vehicle program
Bulten has been awarded a new FSP (Full-Service Provider) contract by a European automotive manufacturer, which is also a new customer for Bulten. The contract relates to supply of fasteners for an electric vehicle program that is under development. The order value is approximately SEK 220 million a...
Bulten extends existing FSP contract
Bulten is strengthening an existing FSP (Full Service Provider) contract for the supply of fasteners, with a further order from a European automotive manufacturer. The order is worth approximately SEK 68 million per annum. Deliveries are estimated to start in the fourth quarter of 2021, will reach f...
Bulten wins strategic consumer electronics contract in Asia
Bulten, via its subsidiary PSM International Holdings Limited (PSM), has signed a strategically important agreement in China regarding the supply of fasteners to a leading provider of consumer electronics. The agreement has an estimated annual value of approximately SEK 50 million. Deliveries are pl...
BULTEN’S Q2 REPORT 2021
Streamlining and an earlier FSP contract mitigated the effects of negative macroeconomic factors
Bulten starts construction of its new manufacturing facility in Poland
As previously announced, Bulten will invest in a new manufacturing facility in Radziechowy-Wieprz in Poland. Due to the pandemic situation in April 2020, this investment was halted. Bulten’s Board of directors has now made the decision to restart the project with immediate effect. The construction o...
Notice to attend Annual General Meeting of Bulten AB (publ)
The shareholders of Bulten AB (publ), reg. no. 556668-2141, (‘the Company’), are invited to participate in the Annual General Meeting on Wednesday April 28, 2021 through postal voting. Attendance at the AGM shall be solely through postal voting.
Information due to COVID-19 (coronavirus)