Germany-based Würth Group has acquired fastener distributor Timberline Fasteners, Commerce City, CO. The distributor has five branch locations in addition to its headquarters.
Würth Timberline is now a part of the industry division as a sister company of Würth Industry of North America. This acquisition is the first step in the Würth Group’s plans to double its industry presence in the U.S. by 2020.
The addition of Würth Timberline expands WINA's presence in the Western U.S. and adds market penetration and diversification.
“As we implement our expansion plans, the geographical locations that Würth Timberline occupies will help us be a more complete supplier to our target customer base," says Marc Strandquist, executive vice president of the Würth Group.