Bossard Acquires Sal-Pol SpZ of Poland
Bossard Acquires Sal-Pol SpZ of Poland
John Wolz
Bossard Group acquired an 80% share in Polish fastener supplier Sal-Pol SpZ o.o.
Radom, Poland-based Sal-Pol was founded in 1991 and has 22 employees. Sal-Pol reports annual sales of approximately 3 million Swiss Francs (US$2.43 million). Sal-Pol has been already working together with the Bossard Group and primarily supplies international industrial customers in Poland.
A Bossard statement described the acquisition as “an important step” in expanding in Eastern Europe. Local presence will give the company direct access to the steadily growing market potential.”” It also allows Bossard to provide more technical support and logistics in the Polish market.
Z�g, Switzerland-based Bossard is a global supplier of components,
engineering and logistics solutions for industrial fasteners. Web: Bossard.com �2005 FastenerNews.com
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