SFS Group, a supplier of precision components, mechanical fastening systems, tools, and logistics solutions, has acquired part of Connective Systems & Supply’s (CSS) business, specific to fasteners and other assembly components.
This business area of CSS generated sales of U.S. $15 million in 2022 with about 20 employees. Since it was founded in 1985, CSS has become a key partner for fasteners and other products for end users in the construction industry, particularly in Denver, Colorado.
The construction industry has experienced an exceptional demand situation in North America and Europe in recent years. Thanks to successful positioning, an attractive portfolio and robust supply chains, SFS has recorded strong results in its business with customers from the construction industry.
The acquisition enables SFS to strengthen its market position in the United States in the fast-growing region surrounding Denver. In May 2023, SFS Group also expanded its reach in Ohio.
In organizational terms, the business will be incorporated into the Triangle Fastener Corporation (TFC), which is part of the SFS Group. With 25 distribution sites in the U.S., TFC acts as a supplier of fastening systems and other products for end users in the construction industry.
Within the SFS Group, TFC is part of the Construction division in the Fastening Systems segment. The local presence that CSS has will remain, and all 20 employees in the business area will be taken on. The current managers will remain in post at both sites.