Würth Industry North America acquires Atlantic Fasteners Inc.
Würth Industry North America (WINA) has acquired Atlantic Fasteners Inc., a Greensboro, North Carolina-based distributor of standard and specialty fasteners.
The purchase will serve the needs of Würth Industry's customers in the construction and structural markets by providing end to end distribution and manufacturing support and will deepen the company's geographic footprint in the mid-Atlantic region. Atlantic Fasteners will join Würth's new construction services business division, Würth Construction Services.
This acquisition fits into Würth Industry's strategy to provide expert supply chain solutions of structural fasteners, safety, and MRO products and complements Würth Industry's strength in the construction market as a distributor of structural products for fabricators, erectors, and the metal building industry.
"Through this acquisition, we gain not only new product and service offerings for our customers, but also the amazing personnel and talent of Atlantic Fasteners," said Dan Hill, chief executive officer for Würth Industry North America, "Würth Industry has strong growth targets, both organically and through key acquisitions, and we continue to grow with businesses and teams who can support and enhance the expansion of our construction services to offer better supply chain solutions and cost savings for erectors and fabricators across North America."
"We are excited to partner with Würth because it not only maintains Atlantic Fasteners' history of outstanding quality and successful partnerships, but also enhances available offerings to our customers. Customers will continue to receive the same high-quality products and support that they are used to. With the support of a global company, they will have greater resources and inventory expansion. The acquisition is the best choice for both our customers and employees, as joining the Würth family will equate to business growth," said Bill Davis, owner and CEO, Atlantic Fasteners.
Würth's new business division, Würth Construction Services, is comprised of Würth companies Weinstock Bros., Würth House of Threads, Würth Action Bolt and Tool, and Atlantic Fasteners.
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