AFC Industries, a provider of fastening and vendor-managed inventory (VMI) solutions, announced that it has acquired Philadelphia-based Globe International Corp. Terms of the deal were not disclosed. Founded in 1950, Globe is a supplier of fasteners, door hardware, and galvanized aircraft cable, specializing in value-added kitting and other services. “Our company has a long history…
Fastener Warehouse acquires Canada’s Ridgeline Fasteners
Fastener Warehouse, a distributor of industrial fasteners, recently announced the successful acquisition of Ridgeline Fasteners, a prominent fastener supplier based in Calgary, Alberta. This strategic move is poised to strengthen Fastener Warehouse’s market presence and expand its product offerings in the fastener industry. The acquisition of Ridgeline Fasteners marks a significant milestone for Fastener Warehouse,…
Fastener Industries buys Die Co. Inc.
Fastener Industries has purchased Die Co. Inc., a high-volume and customized manufacturer of spring steel fasteners and metal stampings. The company will be a wholly owned subsidiary of Fastener Industries’ family of employee-owned companies. This family includes Buckeye Fasteners, Modern Fasteners, Ohio Nut and Bolt, Ohio Nut & Bolt of Canada, Brainard Rivet, Joseph Industries,…
Latour acquires Precision Bolting and Condor Machinery
Investment AB Latour has, through its wholly-owned subsidiary Nord-Lock Group, acquired Precision Bolting Ltd. (PBL) and Condor Machinery. Founded in Western Canada in the late 1980s, PBL offers premium bolting products and custom solutions for challenging applications. Its production facility is located in Edmonton, Alberta, and offers technical expertise, stocked inventory, and custom fasteners from…
Fastenal earns EcoVadis silver medal for sustainability
Fastenal Company, which offers a range of industrial, fastening, and safety supplies, has been awarded a silver medal from EcoVadis. The award, which is based on an assessment completed by EcoVadis in late 2023, signifies that the quality of Fastenal’s sustainability management system ranks in the top 25% of all companies in all industries rated…
ZAGO Manufacturing expands to new European markets
ZAGO Manufacturing, a global manufacturer of high-tech sealing fasteners and switch boots, announced the launch of two new websites catering to the Italian and German markets. By launching dedicated websites in Italian and German, ZAGO aims to enhance accessibility and engagement for customers who prefer to interact with the company in their native languages. “As…
Alphi Capital partners with K2 Fasteners
Alphi Capital, a lower middle-market private equity firm based in Ontario, Canada announced a new partnership with K2 Fasteners. K2 is a national master distributor of stainless steel and other corrosion-resistant fasteners. The company provides customers throughout North America with access to a large variety of stainless steel fasteners, alloy steel fasteners, and other corrosion-resistant hardware…
Endries acquires Ace Bolt & Screw
Family-owned fastener distributor, Endries International, announced the acquisition of Ace Bolt & Screw Co. This acquisition signifies a major milestone, combining the strengths and expertise of customer-centric businesses. Ace customers can expect the continuation of exceptional service, now with the added benefits of expanded product accessibility and enhanced offerings through the synergies of the combined…
MEIDOH acquires Pilgrim Screw Corporation
MEIDOH Co., a global producer of automotive fasteners, announced that it has acquired Pilgrim Screw Corporation d/b/a Pilgrim Aerospace Fasteners. Pilgrim is a manufacturer of screws, bolts, rivets, clevis pins, and other fasteners for the aerospace market with manufacturing operations located in Chandler, Arizona and a small office in Providence, Rhode Island. Pilgrim’s customers include…
LindFast Solutions acquires Hi-Q Fasteners
LindFast Solutions Group (LSG) has completed the purchase of Hi-Q Fasteners. Headquartered in Blaine, Minnesota, LSG is a master distributor of specialty fasteners in the North American market and is an important supply-chain partner and sourcing solution, offering high-quality such as Lindstrom, Stelfast, Mega, Solution Industries, and more. Based in Santa Fe Springs, California, Hi-Q offers a…