Optimas acquires Pennsylvania’s Circle Bolt & Nut Co
Optimas OE Solutions Holdings has acquired US-based Circle Bolt & Nut Co., Inc. (CBN) located in Kingston, PA. The acquisition supports the Optimas growth strategy into product adjacencies and enhanced MRO capabilities. “We are pleased to have Circle Bolt & Nut join our team,” said CEO Anesa Chaibi. “We are convinced that this is the […]
NORMA acquires supplier, Statek
NORMA Group is to acquire Statek Stanzereitechnik GmbH (“Statek”). NORMA Group is Statek’s largest customer, accounting for around 70% of sales, buying housings and spring inserts for worm-drive hose clamps (pictured) from the company. Statek’s experience and production expertise is in stamping, bending and forming technology for almost all commonly used metals. Formed in 1980 by Dieter Anton […]
Snickers-owner Hultafors buys Johnson Level & Tool
Hultafors Group’s big line-up of brands – including Snickers and Dunderdon workwear, Hultafors hand tools, Wibe ladders, Solid Gear and Toe Guard footwear – has grown with the acquisition of US-based Johnson Level & Tool. Goteborg, Sweden-headquartered Hultafors Group aims to strengthen its presence in the US through the acquisition. Based in Mequon, Wisconsin, Johnson […]
Architectural hardware firm Zoo acquired by ERA
UK security expert ERA has successfully completed the acquisition of Zoo Hardware, a leading supplier of architectural hardware including handles, knobs, locks and hinges. Based in Carlisle, Zoo has grown rapidly since it was founded in 2010 and today offers a wide selection of products in aluminium, brass, stainless steel and zinc. “Architects and contractors […]
Olympic Fixings appoints new MD and FD
Olympic Fixings Group, which supplies hardware products to the merchant trade throughout the UK and Ireland, has made two senior appointments as it continues to strengthen its management team. Paul Gordon has been appointed as Managing Director of the company, which employs over 60 staff in Altham, Lancashire and Bangor, Northern Ireland. Paul has over […]
Ballard Industrial Acquires Jaxx
Ballard Industrial has acquired the assets of Jaxx LLC located in South Seattle and the combined firm has begun conducting business as both Ballard Industrial and Jaxx. The purchase marks a significant expansion of Ballard Industrial’s hydraulic jacking rental fleet while expanding its available repair, test and certification capabilities including certifications conforming to ANSI/NCSLZ540-1 and […]
Fixings and Powertool Center acquired
Redhill, Surrey-based Fixings and Powertool Center has been acquired by D W Nye Builders Merchant. According to BMJ, Fixings and Powertool Center Manager Ralph Whitehead will remain at the firm, as will the rest of the fixing firm’s employees. Established over 20 years ago, Fixings & Powertool Center is a one-stop-shop for tools and fixings. […]
Selco and Buildbase owner Grafton buys Leyland SDM for £82 million
Leyland SDM, a specialist decorator merchant carrying tool, fastener, ironmongery and related stock, has been acquired by Grafton. Grafton, which owns Selco, Buildbase, Woodie’s and Gunters en Meuse among others, paid £82.4 million for Leyland SDM, which is “regarded as one of the most recognisable and trusted decorating and DIY brands in Central London selling paint, tools, ironmongery and […]
ASSA ABLOY acquires Dale Hardware and Excel Architectural Hardware
ASSA ABLOY has acquired Dale Hardware and Excel Architectural Hardware through its acquisition of the Progress Ventures Group (“Dale & Excel”). Dale & Excel is a supplier of architectural hardware to builders’ merchants in the UK. “I am very pleased to welcome Dale & Excel into the ASSA ABLOY Group,” said Johan Molin, President and CEO […]
Doncasters to sell Nelson Fastener Systems to Stanley Black & Decker
Burton-upon-Trent’s Doncasters Group has agreed to sell Nelson Fastener Systems business to Stanley Black & Decker Inc for approximately $440 million in cash. The sale, which does not include Nelson’s automotive stud welding business, is expected to close later in the first quarter of 2018. The move comes as Doncasters strives to drive growth in […]