Company Purchase & Investment

ITP Buys Construction Tool & Threading | Global Fastener News

Industrial Threaded Products CEO Garrett Futrell: “The joining of our two established organizations… will allow customers to experience the expansive benefits provided across both networks.”(...) via ITP Buys Construction Tool & Threading ... [Read More]
2020/05/25

Clevedon installs sorting machine | Fastener + Fixing Magazine

CBM member and cold forming manufacturer, Clevedon Fasteners Ltd, has taken delivery of its most advanced optical sorter yet. The state of the art machine has four cameras and an Eddy current checking station, which can be used for comparative ... [Read More]
2020/05/20

Birmingham Fastener Acquires Atlanta Rod and Manufacturing | Global Fastener News

“By acquiring Atlanta Rod, we are doubling down on domestic fastener manufacturing in the southeast during the COVID-19 pandemic,” stated president Brad Tinney.(...) via Birmingham Fastener Acquires Atlanta Rod and Manufacturing | Global ... [Read More]
2020/05/07

EFC International expands with new Chicago office and warehouse | Fastener Engineering

EFC International, a supplier of engineered fasteners, continues to expand. The company is moving their Chicago branch office and warehouse to a new 64,000-square-foot facility in Hanover Park, Illinois.(...) via EFC International expands with new ... [Read More]
2020/04/28

Japanese Nitto Seiko Acquires All Shares of Mitsubishi Chemical – Fastener World Inc.

Nitto Seiko acquired all shares of Mitsubishi Chemical Analytech on April 1 and renamed the company to Nittoseiko Analytech Co., Ltd.(...) via Japanese Nitto Seiko Acquires All Shares of Mitsubishi Chemical-Fastener World. [Read More]
2020/04/27

Accursia acquires four European business units of Optimas | Fastener + Fixing Magazine

Accursia Capital GMBH has signed an agreement with Optimas OE Solutions Limited for the acquisition of four selected Optimas European businesses.(...) via Accursia acquires four European business units of Optimas | Fastener + Fixing Magazine. [Read More]
2020/04/17

Stanley Black & Decker sets up Covid-19 community response task force & commits financial support | Torque-Expo

Stanley Black & Decker has ploughed over $10 million dollars into a Covid-19 philanthropic outreach programme to help its communities and employees around the world.(...) via Stanley Black & Decker sets up Covid-19 community response task ... [Read More]
2020/04/15

Hilti shelves projects, cuts production and frees up CHF 200 million to counteract Covid-19 | Torque-Expo

In the face of the Covid-19 pandemic, fixings specialist Hilti is bracing for a modest sales loss of 10% (in local currencies; 14% in Swiss francs).(...) via Hilti shelves projects, cuts production and frees up CHF 200 million to counteract ... [Read More]
2020/04/14

Munich Private Equity Firm Creates Stronghold Fastener Group | Global Fastener News

The acquired companies, with a workforce of 230 and $76 million in sales, will be rebranded as “Stronghold” and supply C-parts to industrial companies.(...) via Munich Private Equity Firm Creates Stronghold Fastener Group | Global Fastener News. [Read More]
2020/04/13

Munich Private Equity Firm Creates Stronghold Fastener Group | Global Fastener News

The acquired companies, with a workforce of 230 and $76 million in sales, will be rebranded as “Stronghold” and supply C-parts to industrial companies.(...) via Munich Private Equity Firm Creates Stronghold Fastener Group | Global Fastener News [Read More]
2020/04/10