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By John Wolz
editor@FastenerNews.com
Anixter acquires two EU
Doncasters group
expands in fasteners
distributors
Doncasters Group expanded its Fastener Systems division
to serve the aerospace market by adding a range of
fasteners, including nut plates, anchor plates, gang
Anixter International Inc. will pay in the area as we will now be
channels, washers, bolts, pins, rivets, brackets, nuts,
about US$40 million in cash plus serving customers in 11 countries
flange nuts, screws and studs, to its product list.
US$19 million in debt to acquire throughout the continent,"
Headed by Ken Caratelli, Doncasters Fasteners Systems
two European fastener distribu- commented Eck.
division includes three U.S. companies acquired by the group
tors. The move comes weeks after
as part of its 2007 acquisition of FastenTech: Nelson Stud
Anixter acquired all of the Anixter paid US$80 million for two
(Elyria, OH); Ferry Cap and Set Screw (Lakewood, OH); and
outstanding shares of Sofrasar SA of North American fastener operations:
Progressive Stamping (Royal Oak, MI).
Sarreguemines, France; and Wood Dale, IL-based QSN Industries
"By expanding our Fastener Systems offering to the aerospace
partnership interests and shares in Inc. and its sister company, Quality
market, we will be able to continue to provide high quality
Camille Gergen, based in Dillingen, Screw de Mexico SA. Combined
parts to our clients while working to become a true
Germany. Combined annual sales for annualized sales for these
supply-chain integrator, helping OEMs streamline processes
the businesses are estimated at businesses are expected to exceed
and minimize time spent dealing with multiple suppliers," CEO
US$110 million. US$100 million in 2008.
Eric Lewis told Manufacturingtalk.com.
The acquisitions are steps in the Anixter said integrating those
Doncasters Fastener Systems is currently working with
expansion of Anixter's OEM Supply operations would boost annual sales several aerospace OEMs to develop its product range and
business in Europe, according to CEO at its OEM Supply division, which obtain relevant certifications. Division services include: metal
Bob Eck. "Through the addition of includes Anixter Fasteners and Anix- stamping and welding; broaching, thread rolling, drilling,
numerous important customers, pri- ter Pentacon, above US$600 million computer numerical control machining and centerless grinding;
marily in France and Germany, we in North America. cold heading; fillet roll, head forging and collar forming; heat
have added another key building During the second quarter of treatment and painting; and thread patches, bonding,
block that will drive future organic 2008, Anixter reported sales, de-burring and drying.
growth in this important global end including fasteners, climbed 7% to Doncasters Group paid US$492 million for Minneapolis-based
market," Eck told FastenerNews.com. US$1.62 billion. Operating income FastenTech during the second quarter of 2007. At the time,
When combined with Anixter's grew 5% US$121.8 million, while Lewis forecasted investment of at least US$150 million to
existing OEM Supply businesses in net income gained 4% to US$66.9 integrate and upgrade FastenTech's capabilities.
Europe, annual revenues are million. FastenTech makes fasteners and precision components for
anticipated to reach US$800 million Anixter distributes fasteners, the power generation, aerospace, military and civil engineering
in this market over the next year. communication products, electrical sectors, with 1,800 employees. Web: fastentech.com
"The addition of these businesses and electronic wire & cable through Doncasters supplies precision components and assemblies
will significantly enhance our OEM 214 warehouses and operations in to the aerospace, power generation, specialty automotive and
Supply business in Europe and add 248 cities around the world. medical orthopedic industries and has 4,800 employees across
considerable depth to our footprint Web: anixter.com the U.S., Europe and Mexico. Web: doncasters.com
Manufacturers expand in wind power
Cardinal Fastener created a wind power division to address sales growth of fasteners for the wind turbine industry.
"Our company is receiving orders for products to be manufactured with very fast lead times – often as short as days," president John Grabner told
FastenerNews.com. "Once we prove our product quality and our company service, we are getting the opportunity to become the regular supply
chain vendor."
The new division has been staffed with three people dedicated to wind turbine customers, with another seven people spending much of their
time on this segment of the supply chain.
Founded in 1983, Cleveland-based Cardinal Fastener is one of the largest manufacturers of wind turbine fasteners in North America, having
supplied over 150,000 pieces. Web: cardinalfastener.com
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