# Hydro Tech Inc. acquires North American PTFE Bearing LLC

Canadian hydro-industry service firm Hydro Tech Inc. acquired North American PTFE Bearing LLC from owner Kjell Nyqvist, effective 6 March 2017. Hydro Tech also signed an exclusive North American agency agreement with Russian manufacturer EnEnergo for PTFE bearing pads.

- Type: Acquisition
- Announced: 2017-03-06
- Status: completed
- Products: PTFE bearing pads, hydro turbine bearings
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hydro Tech Inc.](https://endata.com/companies/1064.md) (acquirer)
- [North American PTFE Bearing LLC](https://endata.com/companies/1065.md) (target)
- [EnEnergo](https://endata.com/companies/1066.md) (partner)

## Sources

- [hydrotech-inc.ca](https://hydrotech-inc.ca/hydro-tech-inc-acquires-north-american-ptfe-bearing-llc/), 2017-03-06: "Hydro Tech Inc. is proud to announce the acquisition of North American PTFE Bearing LLC as of March 6th, 2017."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.