Daily Fasteners and Fixings News by Bazibaza

Company Purchase & Investment

Wurth Adams Invests $27.5 Million To Relocate HQ | Chinafastener .info

 Wurth Adams Nut & Bolt is moving its headquarters from Maple Grove, MN, to nearby Brooklyn Park as part of a $27.5 million expansion to create 20 jobs. Wurth Adams, which distributes nuts, bolts and other types of fasteners to manufacturing ... [Read More]
2014/07/06

MW Industries, Inc. Announces Acquisition of Hi-Performance Fastening Systems – Press Release – Digital Journal

 PR Newswire CHICAGO, July 1, 2014 MW Industries, a leading provider of highly engineered springs, specialty fasteners, machined parts, and other precision components, announced today the acquisition of Hi-Performance Fastening Systems, a ... [Read More]
2014/07/01

Fontana Group purchases Acument Global Technologies Inc | Fastener+Fixing

 Fontana Group has acquired Acument Global Technologies Inc from Platinum Equity for an undisclosed figure.  (...) via Fontana Group purchases Acument Global Technologies Inc. [Read More]
2014/06/24

Platinum Equity Sells Acument to Fontana Gruppo | Market Wired

 Successful Eight-Year Stewardship of Detroit-Based Fastener Company Highlights Value of Platinum Equity's Operations Capabilities and Turnaround Expertise LOS ANGELES, CA--(Marketwired - Jun 23, 2014) - Platinum Equity today announced the sale of ... [Read More]
2014/06/24

Fontana Gruppo: Worldwide Leading Player in Fastener Solutions Acquires Acument Global Technologies — MILAN, June 20, 2014 /PRNewswire/ —

 MILAN, June 20, 2014 /PRNewswire/ -- The Fontana Gruppo, an Italian industrial company, today becomes the worldwide leader in providing world-class fastener solutions in the automotive, industrial and related industries as a result of the acquisit... [Read More]
2014/06/22

Sundaram Fasteners Investments acquires 24.5% stake in associate firm | Business Standard News

 Sundaram Fasteners Ltd today informed BSE that its subsidiary Sundaram Fasteners Investments Ltd has acquired 24.53% in TVS Infotech Ltd, an existing associate company, consequent to the allotment of rights shares to Sundaram Fasteners Investments ... [Read More]
2014/06/22

Insider News South East – Trifast’s £22.5m acquisition approved

 Uckfield-headquartered mechanical fasteners manufacturer Trifast said its proposed acquisition of Viterie Italia Centrale Srl (VIC) for €27m (£22.5m) has been approved. The deal was approved by shareholders at the company's general meeting on ... [Read More]
2014/06/04

Shanghai Prime Machinery (PMC) and Nedschroef join forces to form a world class fastener supplier | Press Realese

 - Gilde Buy Out Partners and its co-shareholder Parcom Capital have agreed to sell Nedschroef to PMC - PMC and Nedschroef combine aggregate group sales of almost EUR 1bn of which over EUR 600m in engineered fasteners - New owner committed to ... [Read More]
2014/06/02

B/E Aerospace Agrees to Acquire Two Aerospace Manufacturing Businesses – WSJ.com

 WELLINGTON, Fla.--(BUSINESS WIRE)--June 02, 2014-- B/E Aerospace, Inc. (Nasdaq:BEAV), the world's leading manufacturer of aircraft cabin interior products and the world's leading provider of aerospace fasteners, consumables and logistics servic... [Read More]
2014/06/02

Shanghai Prime Machinery signs purchase agreement to acquire Koninklijke Nedschroef | Fastener + Fixing

 Shanghai Prime Machinery Company Limited (PMC) has announced it has signed a purchase agreement to acquire Koninklijke Nedschroef Holding B.V. Nedschroef will benefit from an improved global reach through PMC, with a particular strength in China, ... [Read More]
2014/06/02