Daily Fasteners and Fixings News by Bazibaza

Company Purchase & Investment

UPDATE: Grainger Plans To Buy European Fastener Firm For $344M | WSJ.com | #fasteners Fabory

 W.W. Grainger Inc. GWW plans to acquire a privately owned distributor of fasteners and tools in the Netherlands for about $344 million, giving Grainger a conduit for expansion into Central and Eastern Europe.Fabory Group distributes more than 80,000 ... [Read More]
2011/08/15

Grainger Intends to Acquire Fabory Group | PRNewswire | #fasteners official Press Release

 - The transaction price will be approximately $344 million (euro 242 million) and is expected to be accretive to 2012 earnings. - Grainger will host a live webcast at 10:00 a.m. EDT today to discuss this announcement. CHICAGO, Aug. 15, 2011 ... [Read More]
2011/08/15

Latour acquires companies within advanced bolt securing systems | AB Latour | #fasteners | Nord-Lock Superbolt P&S Vorspannssysteme

 2011-08-04 10:00 Investment AB Latour (publ) acquires, through Nord-Lock International AB, the US company Superbolt Inc and the Swiss company P&S Vorspannssysteme AG. Nord-Lock assumes ownership immediately. Superbolt and P&S ... [Read More]
2011/08/14

Agrati se réorganise entre Fourmies et Vieux-Condé | LaVoixEco.com | #fasteners #fixation

 « On a réussi à faire ce qu'on avait dit et, par les temps qui courent, c'est très encourageant ». Antoine Lopez, directeur d'Agrati France (100 millions d'euros de chiffre d'affaires), a confirmé, hier, le transfert du service logistique ... [Read More]
2011/08/12

Precision Castparts Corp. Closed Primus Acquisition | MarketWatch

 PORTLAND, Ore., Aug 9, 2011 (GlobeNewswire via COMTEX) -- Precision Castparts Corp. /quotes/zigman/238801/quotes/nls/pcp PCP +5.20% has completed its acquisition of Primus International, a leading supplier of complex components and assemblies to the ... [Read More]
2011/08/10

ITW merges fastener divisions | Industrial Supply | #fasteners

 Illinois Tool Works announced the integration of two of its Midwest industrial fastener divisions. ITW Bee Leitzke and ITW Shakeproof, which operate five facilities in Illinois and Wisconsin, have integrated into a single entity called the ITW ... [Read More]
2011/08/10

FACIL acquires Flexalloy in USA | Fastener+Fixing |#fasteners

 Belgian-based FACIL has acquired Flexalloy, a distributor of fastening systems and provider of vendor managed inventory in the North American market. via FACIL acquires Flexalloy in USA. [Read More]
2011/08/08

Indian Ruia acquires French Preciturn |world.seenews.com|#fasteners

 Our Comment : Ruia bought recently Acument Germany in Neuss. Preciturn is producing screws in the ex-factory of Lisi in Monistrol sur Loire, delivering directly to Renault and Peugeot. With that move, Ruia is expanding his global presence in ... [Read More]
2011/08/05

Industrial Rivet & Fastener Company Opens Distribution Facility In Japan — NORTHVALE, N.J., Aug. 3, 2011 /PRNewswire/ —

 RivetKing® products and KingSet™ auto-feed riveting system now available to fastener distributors and dealers in Japan NORTHVALE, N.J., Aug. 3, 2011 /PRNewswire/ -- Industrial Rivet & Fastener Co., a global manufacturer, distributor and ... [Read More]
2011/08/04

Update: Cardinal Fastener Bankruptcy | American Fastener Journal | #fasteners

 There is no doubt that since news of the Cardinal Fastener Chapter 11 filing came out that everyone in the fastener industry has been anxiously watching and listening for news about the company and a resolution to the situation. In an industry as ... [Read More]
2011/07/31