TPT March 2015

Industry News

EFD Induction acquires Superior Technologies Europe

EFD Induction has announced its acquisition of Superior Technologies Europe (STE), a supplier of impeders, coils and related equipment to tube and pipe manufacturers in Europe. Commenting on the acquisition, EFD Induction CEO Bjørn Eldar Petersen said, “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 and pipe consumables in Europe. “It’s a real bonus having Peter on board,” said Mr Petersen. “His experience and contacts will no doubt

EFD has acquired Superior Technologies

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 core impeders, induction coils and OD/ID scarfing inserts. The company also offers Duratrim edge scarfing systems for galvanised and aluminised tubes. EFD Induction has to date installed thousands of heating solutions for a wide range of industrial applications – bringing the benefits of induction technology to many of the world’s leading manufacturing and service companies. EFD Induction has manufacturing plants, workshops and service centres in the Americas, Europe and Asia. Corporate headquarters are in Skien, Norway.

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M arch 2015