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Teqnion Buys Swedish Hydraulic Components Maker TJ Hydraulic

MT Newswires·09/04/2026 00:15:56
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12:15 AM EDT, 09/04/2026 (MT Newswires) -- Teqnion (TEQ.ST) said Thursday it purchased TJ Hydraulic, a Sweden-based high-quality hydraulic components and systems manufacturer. The Swedish industrial company plans to integrate the acquired business into its Teqnion North division and does not expect it to have any significant effect on its 2026 financial statements. The transaction is effective immediately.