Daily Fasteners and Fixings News by Bazibaza

Company Purchase & Investment

QST INTERNATIONAL CORP. to acquire stake in ESKA Automotive GmbH

 QST INTERNATIONAL CORP:To acquire 85.71 pct stake in ESKA Automotive GmbH indirectly through investing in two investment companies and Boltun Europe Holdings GmbH& Co. KG.ESKA Automotive GmbH is a company engaged in manufacture and sale of bolt ... [Read More]
2014/09/01

Boltun Invests EUR45 Million in Acquiring German Fastener Manufacturer with Expectation for EUR0.1 Billion Revenue in H2 | China Fastener World

 Aiming at the global automotive industry, Boltun has invested EUR45 million in acquiring 85.71% of shares of German old brand- ESKA Automotive GmbH ESKA. The transaction has been completed on August 4, which is expected to be reflected on the ... [Read More]
2014/08/29

Sherex Fastening Solutions, LLC Opens New Manufacturing Facility in Akron, Ohio | American Fastener Journal

 Sherex Fastening Solutions, a global leader of engineered fasteners, tooling and automation announces the opening of its new domestic manufacturing facility, Sherex Akron located at 850 Moe Drive Akron, OH 44310. Our capabilities at the new facility ... [Read More]
2014/08/27

Shanghai Prime Machinery : Acquired Nedschroef | 4-Traders

 SHANGHAI, August 25, SinoCast -- Shanghai Prime Machinery has completed takeover of Nedschroef at about CNY 2 billion. The target is a leading auto fastener manufacturer from the Netherlands. The deal not only helps the company expand Europe ... [Read More]
2014/08/25

Atlas Copco to acquire self-pierce riveting business | Fastening Solutions

 Three Atlas Copco companies have signed an agreement to acquire all entities of self-pierce riveting specialist Henrob, based in Flintshire and with facilities in the USA with a turnover equivalent to $160 million in the last financial year, just ... [Read More]
2014/08/20

Beaufort County Business » Ideal Fastener Corporation to Expand Facility in Granville County

 Raleigh, N.C. – Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Ideal Fastener Corporation will be expanding its facility in Granville County. The company plans to create 155 jobs in Oxford by the end ... [Read More]
2014/08/17

Atlas Copco To Acquire Self-Pierce Riveting Business | Business Wire

 STOCKHOLM--(BUSINESS WIRE)--Atlas Copco U.K. Holding Ltd. (STO:ATCOA)(STO:ATCOB), Atlas Copco North America LLC and Atlas Copco Asia Pacific Pty Ltd. have signed an agreement to acquire all entities of self-pierce riveting specialist Henrob with ... [Read More]
2014/08/14

TCI Group Acquires Grattan Fastening – Global Fastener News – USA

 TCI Investment Group Inc. – parent company to Brighton-Best International – acquired Grattan Fastening Products, according to a legal notice of bulk sale. The original Dave Grattan Company was founded in 1957 as a sales representative firm ... [Read More]
2014/08/14

Management and employees at loggerheads over future of Whitesell Germany | Fastener + Fixing

 A series of German media stories have revealed a deep schism between the IG Metal Union and Whitesell – the US group that purchased Ruia Global Fasteners (RGF) from administration in December 2013.(...) via Management and employees at loggerheads ... [Read More]
2014/08/13

Apex Tool Group Acquires Niagara Tools; Canadian Tooling Manufacturer Joins to Apex’s Power and Professional Tools Business Unit | American Fastener Journal

 Apex Tool Group announced the acquisition of specialty cutting tool manufacturer Niagara Tools of St. Catharines, Ontario; the transaction was effective July 31, 2014. Niagara Tools becomes part of Apex’s Power and Professional Tools business ... [Read More]
2014/08/05