READER’S CORNER

AFC INDUSTRIES HAS ACQUIRED MANCHESTER, ENGLAND BASED EAP INDUSTRIES

AFC Industries has acquired EAP International Limited, a leading distributor of rubber sealing products, including O-rings, gaskets, and associated technical products, based in Greater Manchester, UK. Terms of the deal were not disclosed.

EAP will be combined with AFC’s European business, TFC and will strengthens TFC’s position as a leading provider of technical engineering products. The two businesses have a clear synergy in customer base and commitment to delivering quality products supported by customer service excellence. There has always been strong demand for sealing products across UK manufacturers. Bringing EAP under TFC will help us better serve our UK manufacturing customers, supplying seals directly from an in-house UK source.

Afc Industries Has Acquired South Hackensack New Jersey Based Fastbolt

AFC Industries has acquired South Hackensack New Jersey based Fastbolt. Terms of the deal were not disclosed.

Founded in 1974 by Albert Zaukas, the company has continued to evolve and is now a quality-driven global supply chain management company meeting the needs of an increasingly sophisticated and diversified customer base.

Fastbolt owner and CEO Glenn Zaukas said, “We have worked hard through the years to build on our father’s legacy of taking excellent care of our customers through real partnerships with our employees.

It was important to our family that we found a partner that would respect that and build on it. We are excited that Fastbolt will continue to be in the hands of owners who are committed to growing the business the ‘right’ way.”

AFC CEO Kevin Godin explained, “We have wanted Fastbolt as part of the AFC family for several years. They were one of the first businesses we reached out to when we launched our acquisition strategy. We are glad that when the time was right for the family to sell the business, they chose us. Our responsibility to be good stewards of these businesses is important to us and we are confident that together, the future is bright. Bringing these two businesses together makes both stronger in several ways and we look forward to working together to continue to build a legacy of excellence.”

AFC INDUSTRIES HAS ACQUIRED MUSCATINE, IOWA BASED WHITE DISTRIBUTION AND SUPPLY

AFC Industries has acquired Muscatine, Iowa based White Distribution and Supply. Terms of the deal were not disclosed.

For over 26 years White Distribution and Supply (WDS) has been providing a broad range of products, inventory management, and LEAN solutions to a broad range of customers who are themselves leaders in their respective markets.

WDS CEO John MacQuarrie said, “Over the past several years our team has continued to make investments that ensure we are positioned to supply excellent service to our customers and opportunities for our employees and supplier partners. We see this as a continuation of that strategy. AFC has the same commitment to excellence that has made us successful in the past, and together the businesses complement each other in ways that better align us to provide innovative solutions for our customers and growth opportunities for our stakeholders well into the future.”

AFC CEO Kevin Godin said, “We are always excited when we can partner with businesses that have the same core commitments we have, are managed by a team of industry professionals, and that add or strengthen our capabilities. WDS checks all those boxes, and together these businesses will be stronger and better positioned to grow and be successful.”

Headquartered in Fairfield OH, AFC Industries is a dynamic organization dedicated to providing supply chain management solutions on small components and tooling for a diverse base of manufacturers and assemblers across a broad range of industries. Through its experienced team and global resources, AFC excels at making customer manufacturing and assembly processes more efficient and cost-effective.

For more information cabout these acquisitions, products and services, ontact AFC Industries by Tel: 513-874-7456, Email: sales@afcind.com or visit www.afcind.com.