M&A Deal Summary

Fastenal Acquires Fasteners

On October 8, 2015, Fastenal acquired distribution company Fasteners

Acquisition Highlights
  • This is Fastenal’s 3rd transaction in the Distribution sector.
  • This is Fastenal’s 5th transaction in the United States.
  • This is Fastenal’s 1st transaction in Nevada.

M&A Deal Summary
Date 2015-10-08
Target Fasteners
Sector Distribution
Buyer(s) Fastenal
Deal Type Add-on Acquisition

Target

Fasteners

Las Vegas, Nevada, United States
Fasteners, Inc. is a regional industrial and construction supply distributor.

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Buyer(S) 1

Buyer

Fastenal

Winona, Minnesota, United States
Category Company
Founded 1967
Sector Machinery
Employees20,935
Revenue 7.3B USD (2023)
DESCRIPTION
Fastenal facility in Minneapolis, Minnesota.
Fastenal facility in Minneapolis, Minnesota.

Fastenal provides a broad offering of industrial supplies, including fastener, safety, and metal-cutting products, to manufacturing, construction, and state and local government customers through more than 3,500 in-market locations (branches and customer-specific Onsite locations) spanning 25 countries. Fastenal was founded in 1967 and is based in Winona, Minnesota.

DEAL STATS #
Overall 5 of 6
Sector (Distribution) 3 of 4
Type (Add-on Acquisition) 3 of 4
State (Nevada) 1 of 1
Country (United States) 5 of 6
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 Cardinal Fastener & Specialty

Bedford Heights, Ohio, United States

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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-03 Manufacturer’s Supply

Earth City, Montana, United States

Manufacturer’s Supply Co. is a distributor of an industrial converting systems & solutions. These industries include abrasives, adhesive tapes, aerospace, composites, converting, foam & packaging, footwear & leather goods, electronics, medical, petro-chemical, technical textiles, & transportation.

Buy -
Mergr

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