Fastener Acquisitions in Overdrive

June 08

00:00 2012

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FEATURE

Fastener acquisitions went into overdrive in recent weeks, capping an already strong year of consolidation within the the industry.

Stanley Black & Decker appears to be on a buying spree, acquiring one prominent U.S. company and reportedly pursuing an even bigger deal overseas.

Powers Fasteners Acquired by Stanley Black & Decker

Powers Fasteners said it will continue to operate out of its headquarters in Brewster, NY, with the same reps.

Tramec Acquires Continental-Aero From Schneiders

Continental-Aero was known for “Royal Purple” locknuts and its 64-year history includes Greendorfer, Badner, Jarman, Robinowitz, Schaefer and Schneider.

ARaymond Forms Joint Venture with Radiall

The new company will be called RAYDIALL and will focus on the passive interconnection component market for automotive applications.

BMD Acquires Master Fasteners and Fastener Source

STAFDA distributor expanding in fasteners.

Former Acument Fastener Firm Seeks New Ownership

Germany-based auto fastener manufacturer is the second company formerly owned by Acument Global Technologies to seek new ownership in recent days.

Report: Stanley Black & Decker Eyes Bid for Infastech

Infastech was formed in August 2010 when Asia Trading Company Ltd. purchased the Avdel and Global Electronics & Commercial divisions of Acument Global Technologies Inc.

Wesco Aircraft to Acquire Interfast

Southern California Wesco expands in MRO with Canadian Interfast.

Marco Supply Acquires Superior Concrete Supply

Southeastern construction fastener and supplies distributor acquires concrete company.

MacLean-Fogg Component Solutions Buys Sky Mfg.

For the full story on recent fastener acquisitions, watch for the upcoming issue of FIN.

Global Fastener News