Germany-based Würth Group has acquired fastener distributor House of Threads, Birmingham, AL. Terms were not disclosed. Würth House of Threads is now a member company of Würth Industry of North America.
"Würth’s growth strategy is to expand our core assets into profitable, complementary market segments and locations," said Marc Strandquist, executive vice president of the Würth Group. "Würth House of Threads strengthens our presence in the U.S. Southeast and Central Mexico regions."
Read the latest articles and see your reports.
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
