M&A Deal Summary

The Würth Group Acquires Cardinal Fastener & Specialty Co.

On October 28, 2011, The Würth Group acquired manufacturer Cardinal Fastener & Specialty Co.

Acquisition Highlights
  • This is The Würth Group’s 1st transaction in the Manufacturing sector.
  • This is The Würth Group’s 1st transaction in the United States.
  • This is The Würth Group’s 1st transaction in Ohio.
Investment Fate
  • Cardinal Fastener & Specialty Co. was divested to a consortium of strategic buyers in 2015.

M&A Deal Summary

Date 2011-10-28
Target Cardinal Fastener & Specialty Co.
Sector Manufacturing
Buyer(s) The Würth Group
Deal Type Special Situations/Distressed
Advisor(s) League Park Advisors (Financial)

Target

Cardinal Fastener & Specialty Co.

Bedford Heights, Ohio, United States
Cardinal Fastener & Specialty Co., Inc. is a manufacturer of fasteners.

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Buyer(S) 1

Buyer

The Würth Group

Künzelsau, Germany

Category Company
Founded 1945
Sector Distribution
Employees77,000
DESCRIPTION

The Würth Group is a global distributor of fasteners and other products. Würth is subdivided into two areas, including the Würth Line and the Allied Companies. Allied Companies are companies that operate as trade or production businesses in related business areas, as well as financial service providers. Würth was established in 1945 and is headquartered in Künzelsau, Germany.


DEAL STATS #
Overall 1 of 2
Sector: Manufacturing M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 Cardinal Fastener & Specialty Co.

Bedford Heights, Ohio, United States

Cardinal Fastener & Specialty Co., Inc. is a manufacturer of fasteners.

Sell -