EFD Induction has announced its acquisition of Superior Technologies Europe (STE) a leading supplier of impeders, coils and related equipment to tube and pipe manufacturers in Europe.
Commenting on the acquisition, EFD Induction CEO Bjørn Eldar Petersen says “STE is a dynamic enterprise that since its foundation in 2004 has won the confidence of demanding tube manufacturers across Europe. A combination of their welding consumables business with our strength in induction welding systems makes perfect sense.”
STE founder Peter Bond will continue as managing director of STE, and in EFD Induction he will also serve as Sales and Marketing Director for Tube & Pipe Consumables in Europe. “It’s a real bonus having Peter on board,” says Petersen.” His experience and contacts will no doubt play a crucial role as we grow the business.”
The tube and pipe welding industry accounts for a significant part of EFD Induction’s global business. The company’s ‘Weldac’ range of solid-state induction welders are sold around the world, and are particularly popular with makers of pipe for the oil and gas industries. EFD Induction also recently announced the launch of a range of smaller, lower-power ‘Weldac’ welders to meet growing global demand.
STE is located in Basingstoke in the UK and stocks a comprehensive range of ferrite cores impeders, induction coils and OD/ID scarfing inserts. The company also offers Duratrim edge scarfing systems for galvanized and aluminized tubes.
Source: EFD Induction
