In its seventh acquisition of the year, Fairfield, OH-based industrial distributor AFC Industries has added fastener supplier Chicago Industrial Fasteners (CIF). Terms of the deal were not disclosed.
CIF specializes in the supply of standard and specialty fasteners to its customer base of original equipment manufacturers, hardware providers and material fabricators that operate in a variety of end markets, including heavy trucking, automotive, agricultural equipment and wind and solar power.
“This new chapter with AFC opens the door for us to continue to expand the solutions we can provide for our customers,” said CIF Founder John Price. John and Cathy Price founded the company in 2003. “It is exciting to have more resources to keep building on the foundation of service, teamwork and partnership that we have established over the past 20 years.”
AFC most recently acquired industrial distributor White Distribution & Supply in Iowa.
Check out this episode of the MDM Podcast to hear from AFC CEO on the keys to the company’s recent growth, which landed the distributor on MDM’s 2023 Top Fastener and Industrial Distributor Lists.
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