Daily Fasteners and Fixings News by Bazibaza

Company Purchase & Investment

Exclusive: Doughty Revisits 1bn Manufacturer Sale | doughty_hanson | hellermann_tyton | dc_advisory_partners | Kleinman | Sky News Blogs

 The buyout firm Doughty Hanson is revisiting a sale of Hellermann Tyton, one of Britain's largest privately-owned manufacturers, after a series of takeover approaches that could value it at close to £1bn. I have learned that Doughty has appoin... [Read More]
2012/06/14

NORMA Group erweitert Produktion | Konstruktions Praxis

 Die NORMA Group AG, Hersteller von Befestigungsschellen, Verbindungselementen und Fluidsystemen, erweitert die Produktion am Standort Newbury in Großbritannien und in Qingdao in China. Damit reagiert das Unternehmen auf die steigende Nachfrage nach ... [Read More]
2012/06/13

Fastener Acquisitions in Overdrive | Global Fastener News – USA

 Fastener acquisitions went into overdrive in recent weeks, capping an already strong year of consolidation within the the industry. Stanley Black & Decker appears to be on a buying spree, acquiring one prominent U.S. company and reportedly ... [Read More]
2012/06/08

Ruia Global Fasteners declares insolvency | Fastener+Fixing

 Ruia Schraubenbereich, the European subsidiary of Indian Ruia Group, which acquired Acument Germany’s production plants in February 2011, declared insolvency at the end of March this year. Administrator Dr Frank Kebekus of Düsseldorf insolve... [Read More]
2012/06/07

Stanley Black & Decker buys Powers Fasteners | Industrial Supply

 Posted June 1, 2012 Stanley/Black & Decker Buys Powers Fasteners The long-rumored acquisition of Powers Fasteners by Stanley Black & Decker has finally materialized. In an announcement sent today to distributors of Powers Fasteners, ... [Read More]
2012/06/06

Tramec, LLC Acquires LRG Fastener Corporation Continental-Aero | MarketWatch

 IOLA, Kansas, June 5, 2012 /PRNewswire via COMTEX/ -- Gary Sullo, President of Tramec, LLC, announced the acquisition of LRG Fastener Corporation Continental-Aero, headquartered in Harrison, New Jersey. The new legal entity, Tramec Continental-... [Read More]
2012/06/05

BMD acquires Master Fasteners International | Home Channel News

 June 4, 2012 Related Content NextGen home at 2011 IBS donated to veteran Home Depot names new Canadian chief Lowe's shakes up in-store staffing Research: Brand beats price as purchase motivator Hardware store held up in Salinas, Calif. ... [Read More]
2012/06/04

RADIALL : Formation of a joint venture RAYDIALL dedicated to automotive applications | 4-Traders

 Press release June 04th 2012 - 5:45 pm Formation of a jointventure dedicated  to  automotive  applications RADIALL and ARaymond announced this Monday, the finalization of an agreement establishing their joint venture, dedicated exclusively ... [Read More]
2012/06/04

Unions set to sue over Tucker Fasteners factory closure | Birmingham Mail

 UNIONS plan to sue bosses of doomed Birmingham factory Tucker Fasteners over a “transatlantic charade” which has left 220 workers facing the dole queue. Unite union is to take Stanley, Black and Decker to a tribunal over the US group’s ... [Read More]
2012/05/31

FinnvedenBulten signs JV deal with Gaz | Fastener+Fixing

 FinnvedenBulten has confirmed it has signed a term sheet with Russian company Gaz Group whereby it intends investing approximately 6.6 million euros in return for a 63 percent ownership in a new joint venture company that will supply fasteners to ... [Read More]
2012/05/31