May 22, 2007 - Modern Distribution Management

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May 22, 2007

ITW Buys Tregaskiss Welding Products

Leave a Comment / Top Distributor Sectors, Subscriber Only, News, Mergers & Acquisitions, Free, Finance, Companies /

Illinois Tool Works has acquired Tregaskiss Welding Products of Windsor, Ontario, Canada.
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Tregaskiss is a manufacturer of robotic and semi-automatic MIG welding torches and peripherals.
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Tregaskiss, a privately held company, employs 179 people and offers its products through welding supply distributors in Canada and the U.S. The company will continue to operate independently, which is consistent with ITW's decentralized organizational structure.
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Other ITW welding companies include Hobart Brothers, Jetline Engineering, Smith Equipment, Tempil and Weldcraft.
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ITW, Glenview, IL, is a $14.1 billion diversified manufacturer of highly engineered components and industrial systems and ...

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Anixter Grows in France

Leave a Comment / Top Distributor Sectors, Subscriber Only, News, Free, Fasteners, Electrical, Companies /

Anixter International Inc., Glenview, IL, distributor of communication products, electrical and electronic wire & cable and a distributor of fasteners and other small parts has acquired Eurofast SAS, Collegien, France, from Lisi SA for $27 million.

Eurofast is an aerospace fastener distributor in the aerospace and defense industries. For 2007, Eurofast is expected to generate sales of $22 million.

Commenting on the acquisition, Bob Grubbs, President and CEO of Anixter, said, This acquisition is another step in the geographic expansion of our OEM Supply business through the addition of important customers primarily within France in an end market where we have little penetration today within Europe."

Anixter International has locations in 247 cities in ...

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