On Nov. 1, Wisconsin-based fastener distributor Endries International announced it has acquired Viscan, a supplier of specialized screws, general fasteners and related components based in Joliette, Quebec.
Viscan supplies more than 25,000 unique SKUs, including proprietary components, and provides a variety of value-add services, including vendor-managed inventory solutions as well as custom transformation process operations.
“Viscan’s existing associates together with its leadership, Sylvain Baril, Catherine Baril and Michael Baril will continue managing daily operations,” Endries said in a news release.
Financial details were not disclosed. The deal marks Endries’ first acquisition of 2023 after three in 2022.
“It is a great honor to have been selected by the Baril family to acquire the business they founded and have grown so successfully,” said Steve Endries, Chairman of the Board of Directors for Endries. “The trust that they have placed in us is not something that we take lightly; we look forward to working with this talented leadership group.”
Endries is ranked No. 35 among MDM’s 2023 Top Industrial Distributors.
For more on Endries, check out an MDM Podcast conversation with CEO Michael Knight, who discussed his first year leading the fast-growing OEM fasteners distributor, his thoughts on AI ethics and the power of coaching your staff.
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