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…
Webinar: Is your organization equipped to navigate change?
Mark your calendar for Thursday, April 4th when industry thought leaders from SmartCert, Star Stainless, SW Anderson, and AFC Industries will participate in a panel discussion on transition and change. This webinar, “Thriving in Disruption: Strategies for Adaptability and Resilience,” will explore strategies, challenges, and solutions for navigating the constant change of today’s business landscape. Gain…
AFC Industries acquires Chicago Industrial Fasteners
AFC Industries announced that it has acquired Chicago Industrial Fasteners (CIF). Founded in 2003 by John and Cathy Price, CIF specializes in the supply of standard and specialty fasteners for original equipment manufacturers, hardware providers, and material fabricators that operate in various end markets — such as heavy trucking, automotive, agricultural equipment, and wind and…
XLCS Partners advises WDS in sale to AFC Industries
XLCS Partners, Inc., a middle market investment bank, announced that it served as exclusive advisor to White Distribution & Supply (WDS), a portfolio company of Slate Capital Group, in its sale to AFC Industries (AFC), a portfolio company of Bertram Capital. Founded in 1984 and based in Muscatine, Iowa, WDS provides a broad range of products, inventory management, and LEAN solutions.…
AFC Industries acquires Fastbolt
AFC Industries, a provider of fastening and vendor-managed inventory (VMI) solutions, announced that it has acquired Fastbolt, a provider of global supply-chain management services. Terms of the deal were not disclosed. Based in South Hackensack, New Jersey, Fastbolt was founded in 1974 by Albert Zaukas. The company is a quality-driven global supply-chain management company that…
AFC Industries acquires Motor City Industrial
AFC Industries has acquired Hazel Park, Michigan-based Motor City Industrial. AFC is a full-service industrial distributor offering VMI services, kitting, light assembly, private labeling, and more. As a provider of customized product and inventory-management solutions for a wide range of markets, Motor City is an ideal fit. For more than 50 years, Motor City and…
Ohio’s AFC Industries acquires European-based, TFC
AFC Industries, a provider of fastening and vendor-managed inventory (VMI) solutions, has acquired TFC. For more than 60 years, TFC has been a top supplier of industrial fastening products and services, supplying customers via a network of UK and European locations. TFC is also a provider of VMI solutions and technical engineering products, making the…
AFC Industries acquires Askew Industrial
AFC Industries recently announced that it has acquired California-based Askew Industrial Corporation. Askew Industrial is a global provider of supply-chain logistics and distributor of industrial, MIL-SPEC, and engineered fasteners and MRO products — making it an ideal fit with AFC. AFC provides supply-chain management solutions for fasteners, tooling, and assembly components to OEMs, assembly…
AFC Industries acquires Oregon Bolt
AFC Industries has officially acquired Oregon Bolt, Inc. (OBI). Terms of the deal were not disclosed. Founded in 2003, OBI is a large, locally owned and operated supplier of industrial fasteners and electronic hardware specializing in vendor-managed inventory (VMI) and servicing customers in the Pacific Northwest. Former OBI owners Ron and Beverly Tiedemann said: “It…
AFC acquires AALL AMERICAN Fasteners
AFC Industries, a supplier of fasteners and assembly components with a specialty in vendor-managed inventory (VMI) solutions, announced that it has acquired AALL AMERICAN Fasteners. AALL AMERICAN Fasteners is also a VMI services provider and offers a complete line of fasteners, electronic hardware, electrical components, tools, abrasives, safety, and industrial products. The company says it…
Bertram Capital acquires fastener distributor, AFC
Bertram Capital has announced the acquisition AFC Industries, an Ohio-based a distributor of fasteners and other C-parts. AFC represents the fifth investment completed in Bertram’s fourth fund. The terms of the transaction were not disclosed. AFC maintains 22 stocking locations across North America and a presence in Mexico. The company is well-positioned to serve the…