Weaker demand was particularly noticeable in Sweden, Eastern Europe, and China due to lower production among many customers, as well as customer destocking.
Tag "bufab"
November 19
00:05
2019
Founded in 1946, Ontario, CA-based ABS distributes fasteners and C-class components in North America.
November 29
12:46
2018
“We also succeeded in achieving growth without a corresponding increase in operating expenses,” stated CEO Jörgen Rosengren.
November 26
10:34
2018
Johan Sandberg has held executive positions in large industrial companies, including Volvo Powertrain and Volvo Aero.
October 29
11:19
2018
“We are satisfied with the quarter and optimistic about the rest of the year,” stated CEO Jörgen Rosengren.
September 25
12:08
2018
“We need to strengthen our gross margin through further price increases,” noted CEO Jörgen Rosengren.
April 05
06:01
2018
Bufab’s international segment reported a 20% sales increase in Q4, with increased gross margin and lower costs as a percentage of sales, Fastener + Fixing Magazine reports.
February 26
01:14
2018
“We captured market shares in nearly all markets - a result of a systematic focus on the sales organization over many years.”
October 16
10:58
2017
Acquired by Bufab in 2016, UK-based Montrose Holdings supplies fasteners and special components, as well as products for MRO for the electronics, aerospace and construction markets.
October 10
09:49
2017
Swedish company will continue to focus on raising prices to customers - although to date increases had not been sufficient to offset cost increases.
June 13
08:33
2017
New facilities, which complement Bufab’s U.S. headquarters in New York, were opened to handle growth in North America.
March 24
00:01
2017
“…our acquisition strategy is continuing to generate results,” stated CEO Jörgen Rosengren. “The acquired companies are developing well, work well with the other subsidiaries and made a strong contribution to Bufab's earnings trend and cash flow during the year.”
December 08
12:28
2016
Founded in 1991, Montrose is a privately owned UK fastener supplier to industrial customers mainly located in the UK.
