Bossard, ranked No. 12 on MDM’s 2022 Top Fastener Distributors list, acquired the Canadian distribution unit from fastening solutions manufacturer PennEngineering.
Latest In Bossard Group
Bossard reports that sales in America region were down 7.9% in the year but increased 4.3% in the fourth quarter.
Swiss fastener distributor The Bossard Group has invested a 40% stake in the startup company MultiMaterial-Welding AG, Stansstad, Switzerland.
Fastener distributor acquires Linquan Precision Co Ltd., Suzhou.
The company intends to increase this share to 100 percent within the next three years.
Year-to-date sales increased 11.8 percent.
Double-digit growth reflects strength in Europe, America and Asia.
Dr. Frank Hilgers to lead business units in Northern and Eastern Europe, effective May 2019.
Distributor reports broad-based growth in Europe, Asia and America.
Daniel Bossard to succeed David Dean.
Fourth quarter sales were up 10.3 percent year over year.
Year-to-date sales increased 14.1 percent.
Group sales for first six months increase 15 percent.
Strong growth momentum across all market regions
Acquisition expands Bossard's presence in the Northeast U.S.
European growth keys improvement in first six months.
Sales growth in Europe, despite weak demand in Switzerland.