Endries Expands Southward, Acquires Assembly Fasteners - Modern Distribution Management

Endries Expands Southward, Acquires Assembly Fasteners

Florida-based AFI is a distributor of latches, fasteners and hardware products and solutions with locations in five states.
Endries International Acquisition of AFI

Fasteners distributor Endries International acquired Assembly Fasteners, Inc. (AFI).

Terms of the transaction were not disclosed.

Apopka, FL-based AFI is a distributor of latches, fasteners and hardware products and solutions. Established in 1984, the company offers a variety of services including vendor managed inventory, customer managed inventory and iBinDrop.

“It is a great business that the Watsons and their team have built that fits hand-in-glove with Endries,” Endries President and CEO Michael Knight said in a Nov. 12 news release. “This acquisition strengthens our presence in Florida, North Carolina, Georgia, Tennessee and Texas, and increases our relationship with a key supplier of ours, PennEngineering, whom we have in common with AFI.”

This is Endries’ third deal of 2024, following Florida-based ServTronics, completed in September and Mississippi-based Ace Bolt & Screw, completed in March.

In September, Endries announced the opening of a new distribution center in Northern Illinois.

Endries is No. 9 on MDM’s List of Top Distributors for Fasteners and No. 40 for Industrial Supplies.

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