Fastener Shanghai
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->MSC Acquires Fastener Distributor All Integrated S...You are the 491940 visitors
Views:826   |   recommendation:   |   Votes:0   |   Discuss:0
MSC Acquires Fastener Distributor All Integrated Solutions For $86M


MRO and metalworking products and services distributor MSC Industrial Supply has announced its second acquisition in nine months, on Tuesday stating it has purchased All Integrated Solutions from private equity firm High Road Capital Partners.

Franksville, WI-based AIS is a value-added distributor of industrial fasteners and components, MRO supplies and assembly tools for use in the assembly of manufactured commercial and consumer products. AIS has 135+ employees that serve the Midwest states of Wisconsin, Minnesota, Michigan, Iowa, Indiana and North Dakota.

MSC said the purchase price was $86 million — $20 million more than AIS' 2017 full-year sales.

MSC said it plans to maintain AIS's operations, gaining MSC access to AIS' 1.5 million+ product portfolio. MSC will extend AIS's production fastener and vendor-managed inventory solutions to MSC's manufacturing customers.

"AIS represents an exciting opportunity to advance MSC's growth plan. Its assembly and fastener products and specialists extend our expertise and fortify our experienced team of associates in delivering solutions to help customers solve their mission-critical challenges on the plant floor," MSC president and CEO Erik Gershwind said. "In addition, AIS also complements our robust Class C fastener offering and VMI solutions."

AIS acquired Grand Rapids, MI-based distributor Great Lakes Fastener Corp. in 2016 for an undisclosed amount.

"MSC shares our passion for delivering high-touch, custom solutions that go well beyond ordering MRO and production products online," said Jim Ruetz, CEO of AIS. "Both organizations make sure the right fasteners and supplies are available when our customers need them without fail. We are looking forward to providing even more turn-key solutions to our customers by leveraging MSC's vast MRO and metalworking product and solutions portfolio, as well as expanding our reach as a leading distributor of industrial OEM components in the Midwest."

For MSC, the move follows its 2017 acquisition of DECO Tool Supply, an industrial distributor based in Davenport, IA for approximately $42 million.

Source: Industrial Distribution

2018/5/3 17:29:00

Previous:    Lower steel price weighs upon steel plants Q1 profit
        Next:    Vietnam's auto import falls in 4 months

Recent Related News
PENNENGINEERING WINS $14M JUDGMENT AGAINST PATENT AND TRADEMARK INFRINGER--2018-08-30
WüRTH GROUP CLOSES FIRST HALF OF 2018 WITH SALES OF EUR 6.8 BILLION--2018-08-29
Bossard Sales Grew 13% in 2018 First Half--2018-08-15
July Marked Fastenal's 14th-Straight Month With At Least 12% Daily Sales Growth--2018-08-09
Dongtai Huawei Standard Component Corporation Develop New Products, Target on Mid and High-End Markets--2018-07-13
Yuxin Fastener System: Dedicated to Becoming the Leading Manufacturer of Anchors in China--2018-06-29
Dongguan STL: Practice Brand Concept By Setting up Fatigue Test Center--2018-06-08
Germany's Billionaire 'Screw King' Tightens the Screws on the U.S.: No More Investment Until Trump Goes--2018-06-08
Fastenal To Build New Mississippi Distribution Center By 2019--2018-06-06
Sundram Fasteners Q4 standalone net up 8.62%--2018-05-15
NORMA Group to acquire water management company in India--2018-05-09
Large Customers Power Fastenal's Continued Strong Growth In April--2018-05-08

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener8fastener

Fastener Shanghai


China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•Vietnam Manufacturing Expo, Aug 8-10, Hanoi, Vietnam

•Fastener Shanghai 2018 - Shanghai Fastener & Tech Show, Sept 26-29, 2018, Shanghai, China

•M-Tech Osaka, Oct 3-5, 2018, Osaka, Japan



Show Room



Offer Product

Latest News
• China will buy 7,690 planes over 20 years, Boeing says

• Taiwan's Fastener Exports Set Record High in H1

Buyers' Guide
Company News

• Donglong Metal Mold Machinery: Focus on Quality, Talents and Brand

• China Worldbest Holding: Embracing Dream, Seeking Growth

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener