Fastener Acquisitions in the News
FEATURE
The first few weeks of 2013 have brought news of several acquisitions, divestitures and expansions in the fastener industry.
MW Industries Makes Fourth Acquisition in 18 Months
Chicago-based manufacturer diversifies holdings with medical products company.
Nedschroef Suspends Joint Venture in Brazil
Partnership began in 2008 with a $40 million investment.
Lamons Expanding Footprint in Brazil
TriMas subsidiary acquires Gasket Vedações Técnicas Ltda to tap into energy market growth in South America.
Nifco America To Add 100 Jobs
Near doubling of workforce part of $3 million expansion to service Toyota’s U.S. growth.
NORMA Group To Acquire Australian Distributorship
Germany-based NORMA Group is an international engineered joining technology company formed in 2006 in a merger between the German Rasmussen Group and the Swedish ABA Group.
Largest Investor Sells NORMA Group Stake
“During 3i’s investment, NORMA grew from a formerly family-owned business into a market leader in engineered joining technology.”
Precision Castparts Completes Timet Acquisition
The acquisitions accelerates PCC’s growth in the aerostructure market, linking Timet’s melting expertise and PCC’s forging and conversion assets.
Related Stories:
• Cardinal Fastener Names Flauto to Inside Sales
• Mutual Screw Introduces Bridge Reamers
• Stanley Black & Decker Fastener Segment Nears Double-Digit Growth
• Würth Group Continues Chemical Anchors Expansion
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