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1998 FIN – Ifastgroupe Acquires Hammer and Distributor Sales

June 23
00:00 2009

1998 FIN – Ifastgroupe Acquires Hammer and Distributor Sales

February 13, 1998 FIN – Ifastgroupe & Company announced that its subsidiary IFC USA Corp. purchased the assets of J. Hammer & Associates Ltd. and Distributor Sales Inc.
The acquired businesses will operated as Distributor Sales division of IFC USA. Hammer president Joel Hammer and DSI president Sanford Leavitt and their staffs will remain with Distributor Sales.
“This acquisition will provide Ifastgroupe’s fastener production facilities marketing and warehousing facilities throughout the United States, to furnish better levels of service to their customers,” according to a company statement. Distributor Sales will continue to market and warehouse for Agrati Corp., Metalac Fasteners, Non-Ferrous Fasteners Inc. and Olympic Fasteners. Ifastgroupe, a limited partnership, has manufacturing facilities under the names Infasco, Infasco Nut, Ingersoll Fasteners and Vermont Fasteners Manufacturing.
Ifastgroupe is headquartered at 700 rue Quellette, Marieville, Quebec, Canada J3M 1P6. © 1998/2009 Fastener Industry News.
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