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Home->Fastener News->Würth Industry North America Acquires Weinstock Br...You are the 532171 visitors
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Würth Industry North America Acquires Weinstock Bros. To Boost Fastening Portfolio

Würth Industry North America (WINA) is strengthening its structural fastening portfolio and has acquired Weinstock Bros., Inc. in Valley Stream, Ny. Weinstock Bros. serves the needs of some of the world’s leading steel fabricators and erectors.

Weinstock Bros. — with more than a century of experience — has earned the reputation of a go-to supplier and specializes in supplying high strength structural bolts, tools and equipment for some of the most demanding structural steel building and bridge construction projects. Over the years, Weinstock Bros. has become a leading and reliable resource within the construction industry and has grown to be a major force in the structural fastener business. The company’s products hold together some of the most iconic structures in the world, including Freedom Tower, Goethals Bridge, Atlanta Falcon’s Mercedes-Benz Stadium, the Verrazano Bridge, Yankee Stadium and more.

The transaction is the fifth in three years for WINA and represents a unique and significant opportunity to enhance growth across North America — advancing the company’s strategic focus. "I am delighted to have Marc Strauss, Nick Junjulas, and the entire team at Weinstock Bros., Inc. join the WINA group. Their expertise in the construction fastener industry compliments that of Würth House of Threads based in Birmingham, and promotes continual growth for the WINA team within this specific industry," said Marc Strandquist, Executive Vice President of the Würth Group.

With Würth House of Thread’s strong presence in the U.S. Southeast region and Central Mexico, and Weinstock Bros., Inc., located in the Northeast U.S., the acquisition will strengthen WINA’s long-term logistics strategy. The combination is also expected to enable further specialization in the construction market — where both parties have excellent name recognition.

“We are honored and excited to join the Würth family. Their global resources and complementary product lines make them a great partner to help Weinstock Bros., Inc. better serve our valued customers in the Northeast and elsewhere in the United States and internationally,” said Marc Strauss, President of Weinstock Bros., Inc.

Source: Industrial Distribution

2017/11/6 16:48:00

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