TOOFast Supply is a supplier of professional grade tools and fasteners serving the industrial, agricultural and residential markets.
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It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024's closing months.
Hillman Solutions reported a slight dip in 3Q sales but saw considerably improved margins.
Ontario, CA-based Bristol Machine is a distributor of fastening systems and products.
Germany-based Ferdinand Gross Group is a distributor of fastening technology, with additional operations in Hungary and Poland.
Get a complete breakdown of the distributor's September and 3Q financials, which point to a demand uptick for the industrial supply sector.
CEO Chris Kempa emphasized the company's commitment to minimizing the disruption to associates, retailers and vendor partners.
It gains Swizterland-based Bossard significantly more market presence in the aerospace industry and in France.Â
The news comes just six months after the distributor opened its first branch in the market.
VP Supply expands its footprint in Tennessee, enhancing its building products and installation services for the construction industry.
It boosts the distributor's Illinois presence by 50% and looks to standardize similar planned expansion in other U.S. regions.
The acquisition is Field’s first since early 2023, aiming to strengthen its footprint in the Pacific Northwest.
Though still soft by Fastenal’s historical standards, August was a rebound from July. Get MDM's full breakdown here.
Endries International expands its reach in the aerospace, defense, and medical sectors with the acquisition of ServTronics.
PE firm Montage Partners invested in the mil-spec fasteners distributor and appointed David Ficadenti as its new CEO.
Hilman promotes John Micheal Adinolfi to CEO, effective Jan. 1 of next year.
Growth continued to slide across all geographies, product segments and customer end markets.
The acquisition of Mexico-based Auge is set to enhance Lamons' ability to meet market demands across a regionally-focused supply chain.
Star Stainless will stock and supply BUMAX stainless steel products to fastener distribution and industrial suppliers across the U.S.
Bossard announces acquisition of ANI, enhancing its presence in the aerospace industry and France’s Aerospace Valley.
