Hagan: Recession Reduces Fastener Acquisitions in 2001; Hagan Announces Top 10 Deals of the Year
Hagan: Recession Reduces Fastener Acquisitions in 2001; Hagan Announces Top 10 Deals of the Year
John Wolz
The economic recession in the U.S. and much of the rest of the world slowed fastener company acquisitions in 2001, Richard Hagan said in issuing his Top 10 Fastener Acquisitions of the Year. Hagan, president of the New York-based Pinnacle Capital Corporation, has specialized in merger & acquisition advisory services to the worldwide fastener industry since 1993. Hagan�s List for 2001: Alcoa/Midwest Fastener, Infast Group/Fabricated Components, PennEngineering/Precision Steel, Lawson Products/Premier Farnell, Black & Decker/Bamal, Trifast/Special Fasteners Engineering, Industrial Growth Partners/TransTechnology�s Breeze Industrial, B/E Aerospace/M&M Aerospace Hardware, Kohlberg/TransTechnology�s Engineered Components, and Industrial Holdings (now T-3) Engineered Products Group/Orbitform, Jebco Screw and Landreth. Additional details are in the fourth annual FIN Review of Fastener Stocks. �2002 FastenerNews.com
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