Deal is valued at $815 million for Hillman, a distributor of fasteners and other hardware items.
Latest In Fasteners
Daily sales to manufacturing customers grew 15.7% during the quarter.
Fastener distributor’s subsidiary in India the only Group company with an increase in sales for the year.
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Anixter: Best sales performance in fourth quarter was in North American OEM supply end market.
Precision Castparts CEO: Some end-market stability is returning.
For 2009, Fastenal’s sales fell 17.5%.
Swiss fasteners distributor sees fourth quarter sales decline 24.5% year over year.
Larry Stoddard, formerly Wolseley’s COO, will take the top spot at the building products distributor.
This article provides a summary of key points made by two speakers on the State of the Industry at the November Specialty Tools and Fasteners Distributors Association annual trade show and convention. Les Ireland, vice president at Black & Decker, and Hal Look, the vice president of ProBuild’s specialty building products division, spoke about the challenges their industry has faced in the past year and how STAFDA members should look forward to recovery.
A clear message was presented at the annual State of the Industry addresses at the November meeting of the Specialty Tools and Fasteners Distributor Association this year: The recession has changed …
Sales for the manufacturer of connector and fastening systems declined in all regions except France.
North American sales strongest in OEM Supply end market, Anixter reports.
Sales in America lead the declines for the Swiss fasteners distributor.
Aerospace destocking, general economic pressures and downtime continue to negatively impact sales.
Fastenal says margin was one of biggest challenges.
Establishment of Interfast Europe brings number of stocking locations to nine.
Private equity firm Industrial Opportunity Partners has invested in Carlson Systems Holdings Inc. and its subsidiaries Carlson Systems LLC and Mid-Atlantic Fasteners LLC. The transaction is a recapitalization of the family-owned company.
Profit for the Swiss fasteners distributors fell 70% in a year-over-year-comparison.
