Daily Fasteners and Fixings News by Bazibaza

Company Purchase & Investment

Lakshmi Precision Screws approves sale of 49% in LPS Bossard – indiainfoline

 Lakshmi Precision Screws Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 25, 2016, has transacted the following: 1. The company approved the sale of the entire stake of 49% of LPS Shares in LPS ... [Read More]
2016/01/27

ITW to buy unit from ZF TRW automotive supplier – Manufacturing News – Crain’s Chicago Business

 After spending much of the past couple years selling off units, Illinois Tool Works found a business it liked enough to buy. ITW agreed to pay $450 million for the engineered fasteners and components business of German automotive supplier ZF ... [Read More]
2016/01/27

ITW To Acquire TRW Automotive Fastener Business – Global Fastener News – USA

 ITW agreed to acquire the global automotive Engineered Fasteners and Components business of ZF TRW, the Active and Passive Safety Division of ZF Friedrichshafen AG, for $450 million. (...) via ITW To Acquire TRW Automotive Fastener Business - ... [Read More]
2016/01/26

Royal Adhesives Acquires Adhesive Systems | Fastener World

 Royal Adhesives & Sealants L.L.C. has acquired the stock of Adhesive Systems Inc., a manufacturer of cyanoacrylate, methyl methacrylate, epoxy and anaerobic adhesives for assembly applications. - See more at: http://www.fastener-world.com.tw/n... [Read More]
2016/01/18

Keller & Kalmbach Acquires Infinity Fasteners | Modern Distribution Management

 German fasteners and fastening technology distributors Keller & Kalmbach has acquired Infinity Fasteners Inc., Lenexa, KS. "The U.S. market is very attractive for us and has great potential," said Florian Seidl, CEO of Keller & Kalmbach. ... [Read More]
2016/01/13

Indutrade AB: Indutrade Acquires Dutch Distributor of Fasteners | Business Wire

 Indutrade (STO:INDT) has signed an agreement to acquire all of the shares in PECO Select Fasteners B.V., Netherlands, with annual sales of approximately EUR 3 million. PECO Select Fasteners (www.peconl.nl) supplies special and customized ... [Read More]
2016/01/11

EFC International Acquires Technology Components Southwest | FastenerJournal

 EFC International, headquartered in St. Louis, Missouri, is pleased to announce the acquisition of Texas-based fastener distributor Technology Components Southwest (TCS). EFC is one of the leading engineered fastener distributors in the U.S. The ... [Read More]
2016/01/11

Applied Industrial acquires HUB Industrial Supply – Industrial Supply Magazine

 Applied Industrial Technologies announced it has acquired HUB Industrial Supply, a distributor of consumable industrial products. Terms of the sale were not disclosed. "HUB Industrial Supply is an excellent strategic fit that further strengthens ... [Read More]
2016/01/08

Bossard invests in Illerrieden | Fastener+Fixing

 The Bossard Group will invest 14 million euros to build a modern warehouse at its German location in Illerrieden. (...) via Bossard invests in Illerrieden. [Read More]
2016/01/04

Acquisitions Make Headlines Throughout 2015 – Global Fastener News – USA

 Below is a summary of fastener industry acquisitions during 2015 by way of 24 FIN headlines this year – with a week of potential more deal closings concurrent with the end of the year. via Acquisitions Make Headlines Throughout 2015 - Global ... [Read More]
2015/12/29