NEWS ANALYSIS >
2022 is the year for a fastener acquisition
Will 2022 be a record year for buy outs in the fastener industry? If the pace of acquisitions in Q1 is an indicator of the rest of the year, then almost certainly. Don’t believe us? Let’s look at the evidence so far…
NEWS ANALYSIS >
2022 is the year for a fastener acquisition
Will 2022 be a record year for buy outs in the fastener industry? If the pace of acquisitions in Q1 is an indicator of the rest of the year, then almost certainly. Don’t believe us? Let’s look at the evidence so far…
January 2022
The acquisitions got off to a strong start in 2022, which actually was a continuation of the trend seen at the end of 2021, where the likes of EFC was snapped up by Frontena and Jeveka by Bossard. 2022 saw Fabory make the first of its two Q1 acquisitions when it took on the fastener division of Importinox, Atlas Copco took on tool firm Soft2tec and Rubix made a buy out move for WCT in the UK.
February 2022
Buy outs continued at pace in February, across different continents and in both the fastener and tools industries. Berardi got a new majority owner in the shape of HIG Capital, Securit was the second of two Michigan fastener business acquisitions by an investment firm, while in Japan, Kadimi’s merger launched a Tool Manufacturing Company.
March 2022
Bufab was particularly busy in March, buying major UK fastener distributor TIMCO as well as Danish C-parts business Pajo Bolte. Europe’s fastener industry saw significant further acquisitions made by Fabory, while North America also saw activity when Birmingham Fastener moved for K-T Bolt. Meanwhile, Bulten clearly signalled it was looking for firms to snap up.
April + beyond
It’s possible the pace of acquisitions will slow, but in a market that is still seeing heavy disruption in the supply chain as well as a shakeout of the effects of the pandemic (which still endures), it seems unwise to bet against more of the same. Perhaps those previously undecided about putting their business up for sale will be encouraged by the number of movers and shakers currently very willing to pledge cash to snap up smaller businesses? Watch this space.