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Home->Fastener News->MW Industries Acquired by American SecuritiesYou are the 337209 visitors
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MW Industries Acquired by American Securities

MW Industries (“MWI” or the “Company”), a leading provider of highly engineered springs, specialty fasteners, machined parts, and other precision components, and American Securities LLC, a leading private equity firm, announced today that MWI was acquired by affiliates of American Securities in partnership with MWI management on September 29, 2017.

Headquartered in Rosemont, Illinois, MWI serves more than 45,000 customers in more than 35 countries. Its more than 100,000 products are sold through a combination of direct sales, catalogs, and distributors to original equipment manufacturers and aftermarket customers in aerospace, medical, electronics, energy, agriculture, construction, and other sectors.

The Company has grown significantly both organically and by acquisition over the past six years. During this period, MWI has acquired twelve spring, stamping and fastener manufacturing companies across the United States. Recent acquisitions have expanded the Company’s product suite to include advanced precision metal products such as couplings, machined springs, and bellows, bringing more value-added solutions to customers in the medical, aerospace, and automotive aftermarket industries.

“We are pleased to partner with John and the rest of the MWI management team to continue to capture attractive growth opportunities,” commented Will Manuel, a Managing Director of American Securities. “The Company’s highly engineered products, valuable customer relationships, and experienced management team make MWI a strong fit for our investment strategy.”

Source: newswire

2017/10/9 16:58:00

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