AFC Industries Acquires Forward Industrial in U.K. - Modern Distribution Management

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AFC Industries Acquires Forward Industrial in U.K.

Fasteners and industrial supplies distributor AFC further establishes the company in key markets with the addition of Forward Industrial.
AFC Industries

In a strategic move to expand its operations and capability in the United Kingdom and Europe, West Chester, OH-based fasteners and industrial supplies distributor AFC Industries acquired Birmingham, U.K.-based distributor Forward Industrial Products through its TFC Business Unit. Terms of the deal were not disclosed.

Forward Industrial Products is a supplier of C Class components and provides value-added vendor-managed inventory and MRO services for manufacturing operations.

AFC’s TFC business unit also provides vendor-managed inventory solutions and technical engineering products in Europe. It has supplied engineering products and C Class parts across Europe for over 60 years.

President of AFC Europe (TFC), Morgan Burgoyne, said in a July news release that the acquisition “immediately strengthens both” companies and “further establishes us as the leading component solutions provider in our key markets.”

“The partnership is a perfect fit for Forward Industrial,” added Forward Managing Director Martyn Cleaver. “It opens up new opportunities within our existing customer network and enables us to share our 28 years of industry expertise with TFC’s customers and bring their strengths to ours.”

Last month, AFC also added Kingston, PA-based fasteners and C Class part component distributor Circle Bolt & Nut.


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