8
Deepak confirms Unbrako acquisition
In a written statement to Fastener & Fixing planned to immediately add sales and marketing
Magazine, Deepak Fasteners managing director, professionals to the Unbrako team. These will be
Sanjeev Kalra confirmed that the company has strategically aligned with markets based on market
signed an agreement to acquire Unbrako Global. size, market potential and growth strategies. Each
“Deepak Fasteners ‘Shannon’ Limited will drive individual will have specific market responsibility to
to reinvigorate the Unbrako Brand globally and set support the Unbrako brand and also drive sales of
about a brand management strategy that will the other Deepak Fastener products currently
significantly enhance its market,” Mr Kalvra said. manufactured.” He also committed that Deepak
He confirmed that Deepak “has acquired the will add capital investment into the Shannon
Unbrako Global brand and all its associated assets, operation to enhance its technical and quality
trademarks, trade names and rights. This includes control fields.
the manufacturing operation in Shannon, Ireland Deepak Fasteners Shannon Limited plans to hold
and the distribution centre in Melbourne, Australia.” an average of six months inventory of its product
“Along with the Unbrako brand,” the statement range in a central location for each of the global
notes, “Deepak Fasteners Limited has acquired all regions: Europe – Shannon; Australia – Melbourne;
the engineered specials business associated with Asia-Pacific – Ludhiana, India; North America -
the Shannon business”. Cleveland.
Combined sales after the acquisition will exceed To date there has been no public statement by
US$300 million, says Mr Kalra. Referring to strategy SPS Technologies or ultimate holding company
on completion of the acquisition he says, “It is Precision Castparts Corporation.
Acument Global Ferodom looking
Technologies for partners
acquires Saturn Ferodom, a Slovak an established design
supplier of fastening department and testing
Fasteners
materials, is working in laboratory,” says Mr
co-operation with the Dominik. “We are offering
Acument Global Technologies, Inc. has
University of Zilina, on a an aliquot part on a future
announced that it has acquired Saturn
research project European patent as well as
Fasteners, Inc., to augment and
(APVV¬20¬016305) to profit share for the
strengthen its capabilities in the high
develop new fastener selected partner.”
performance aerospace threaded fastener
elements with higher Ferodom is also
market.
working performance. involved in publishing and
Based in Burbank, California, Saturn
The main goal of the has had its latest book
Fasteners employs more than 100 people in
project is to increase the published in German
support of its more than 300 global
safety of structural joints “Technologie der
customers, including aerospace fastening
working under effects of Gewindeverbindungen”
distributors, original equipment
vibrations and alternating (Technology of Bolted
manufacturers, and their suppliers.
stress during their Fasteners). “Our next
“The Saturn team’s strong focus on
operation. project is an illustrated
customer service and quality make the
“The problem of dangerous dictionary of fasteners (in
company a key component of Acument’s re-
spontaneous loosening of German, English and
emergence as an aerospace threaded
fastenings is not yet Slovak),” adds Mr Dominik,
fastening supplier,” said Martin Schnurr, vice
reliable solved”, says Jozef “which will be useful not
president and general manager of Acument
Dominik, owner of only for translators but for
North America. “Together with our newly
Ferodom. “For example, all interested in bolted
launched Camcar Aerospace operation in
popular safety nuts, DIN fasteners.”
Illinois, Saturn demonstrates our commitment
985, protect only against The dictionary is
to the aerospace industry and establishes a
disintegration of joint but expected to be published
solid foundation for addressing the shortage
not against decrease of in June 2008. “We are
of specialty threaded fasteners created by the
assembling pre-stress.” looking for co-authors who
dramatic ramp-up in global aircraft
Ferodom claims to would cooperate in
production.”
eliminate this disadvantage publishing a similar
In addition to its well-established global
with a design known under multilingual illustrated
customer base, Saturn gives Acument a local
the name Prolock. dictionary in 2010, in
presence in Southern California’s growing
“Ferodom is looking for Russian, French, Italian and
aerospace community.
appropriate partners with Spanish languages.”
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