Fastener acquisitions make headlines in Q1
The last month has seen two key fastener and tool acquisitions in the industry, with Bossard picking up engineering screw specialist BRUMA and Kyocera Senco acquiring tool and fastener firm Van Aerden Group.
BRUMA, based in Velbert, Germany, specialises in not just customised engineering screws, but also fastening elements and turned parts for series production. Operating in a number of markets, including the automotive and electrical industries, BRUMA has a €11 million annually turnover and employs 19 people.
Antwerp, Belgium-based Van Aerden Group is a European distributor and manufacturer of pneumatic tools and fasteners, including distribution of Senco branded products for over 50 years. The firm has a manufacturing facility in France, where it produces nails, staples and hog rings. The business will rename as Kyocera AERFAST Europe BV.