The acquisition of Ideal Fasteners closed on December 10, 2021 and expands MW Industries’ existing U.S.-based manufacturing locations to provide precision components for worldwide distribution.
The combined company will offer an increased selection of stock, standard, and custom socket caps, button sockets, flat socket caps, and other threaded fasteners along with a wide variety of highly engineered metal and plastic components.
“Ideal Fasteners is the perfect addition to the MW Industries family,” said Simon Newman, CEO of MW Industries. “At a time when customers want components faster than ever before, businesses need to be able to quickly source a variety of parts from a single provider.”
Newman added: “Ideal Fasteners allows us to offer a greater breadth of products so we can provide the diversity of products customers need. We are excited to integrate the Ideal Fasteners product lines into our portfolio.”
As a supplier of threaded fasteners with over 50 years of experience in stock and custom part manufacturing, Ideal Fasteners will join MW Components — a division of MW Industries — specializing in manufacturing precision components at speed and scale. The combined company will support customers in more than 75 countries with product lines including springs, fasteners, bellows, couplings, shims, and more.
“With their global reach and extensive catalog, MW Industries is the perfect partner to take us to the next level,” said Larry McBride, GM of Ideal Fasteners. “By joining MW’s family of locations across the United States, our products and services will be more widely available and our customers will have more options to support their projects.”
The companies’ combined footprint will position MW Components to provide the highest quality precision components and custom manufacturing services to a global customer base.