Views
7 years ago

FALL 2014

  • Text
  • Fastener
  • Fasteners
  • Products
  • Manufacturing
  • Industrial
  • Industries
  • Requirements
  • Bolt
  • Rivet
  • Distributors
Distributor's Link Magazine Fall Issue 2014

26 THE DISTRIBUTOR’S

26 THE DISTRIBUTOR’S LINK Richard Hagan Richard P. Hagan is the president of Pinnacle Capital Corporation, a boutique investment banking firm which specializes in providing merger & acquisition advisory services to the global fastener industry. Hagan has more than twenty-three years of international investment banking experience and has worked on successful domestic and cross-border M&A transactions, corporate restructurings and capital raisings. Hagan earned a B.A. in Economics from the University of North Carolina at Chapel Hill and an M.B.A. in Finance from Fordham University in New York City. Contact: Phone: 212-267-8200 or Email: rphagan@pinnaclecapitalcorp.com. FASTENER COMPANY ACQUISITIONS COMPLETED DURING THE FIRST HALF OF 2014 In this issue, we will briefly review all the fastener company acquisitions - a total of 16 worldwide - completed during the first half of 2014. Of course, it is impossible to track every single fastener company transaction because many deals involving private companies are not publicly disclosed. That said, we believe the following list is the most comprehensive - and detailed - you will find. On January 6, 2014, Tramec Sloan LLC purchased Crawford Machine Inc. (“CMI”). Founded in 2001 and located in Galion, Ohio, CMI manufactures brass fittings and air brake hose assemblies for the North American heavy-duty truck and trailer market, along with various other general industrial markets. CMI products are sold directly to the largest tractor / trailer OEMs, through the traditional tractor / trailer aftermarket and through industrial distributors and catalog houses. CMI employs a total of 135 people at its 144,000 square foot headquarters location. Based in Holland, Michigan, Tramec Sloan manufactures a diverse range of air brake and electrical components for the heavy-duty tractor and trailer market. Tramec Sloan is a wholly-owned subsidiary of Tramec LLC, which is a portfolio company of MacLean Investment Partners LLC, the private equity investment company of the Barry L. MacLean family. Other Tramec business units include: Tramec Continental-Aero LLC (nylon insert locknuts); Tramec Hill Fastener LLC (screws & bolts); Tramec HDSS LLC (heavy duty suspension components); and MacLean Crewson LLC (brake adjusters). Purchase price: not available On February 3, 2014, Jinhap Co. Limited purchased Semblex Corp. Founded in 1968 and located in Elmhurst, Illinois (a Chicago suburb), Semblex is a manufacturer of coldheaded, externally-threaded fasteners and made-to-print specialty components for the automotive, heavy truck, farm equipment and general industrial markets. Semblex, a privately-owned company, operates four separate manufacturing plants in the Elmhurst area and employs more than 200 people. Founded in 1978 and headquartered in Daejeon, South Korea, Jinhap is a manufacturer of cold-headed and machined fasteners for the automotive industry. A privately-owned company with more than 1,200 employees, Jinhap operates four manufacturing plants in South Korea and two plants in China (expanding to four during 2014). Jinhap generated net sales of 0.7 million in calendar 2013. Like Semblex, Jinhap is a licensee of the following proprietary fastener product lines: Delta PT®; TAPTITE 2000®; TORX Plus® Drive System and MAThread®. Purchase price: not available On February 14, 2014, Doncasters Group Limited (“Doncasters”) purchased Automatic Screw Machine Products Co. Inc. (“Automatic SMP”). Founded in 1948 and located in Decatur, Alabama, Automatic SMP is a niche manufacturer of premium-quality fasteners, fitting components and made-to-print specialty parts which are machined from high-strength alloys and/or stainless steel. The major end-user industries served by Automatic SMP include: aerospace & defense; agriculture & construction equipment; commercial transportation; and oil & gas refining / processing. Headquartered in Burtonupon-Trent, England, Doncasters is an international engineering group that manufactures precision components and assemblies for aerospace, industrial gas turbine, automotive turbocharger and specialty industrial applications. The company’s fastener division - Doncasters Fastener Systems - is comprised of Nelson Stud Welding Inc., The Ferry Cap & Set Screw Company, Specialty Bar Products Company, Erie Bolt Corporation and Bulldog Barrels LLC. The seller of Automatic SMP was Lawson Products Inc. (Nasdaq: LAWS) a Chicago-based, 0+ million in net sales distributor of MRO industrial supplies. Purchase price: .5 million please turn to page 162

  • Page 8: 6 THE DISTRIBUTOR’S LINK The Gilc
  • Page 12: 10 THE DISTRIBUTOR’S LINK Guy Ave
  • Page 26: 24 THE DISTRIBUTOR’S LINK NATIONA
  • Page 32: 30 THE DISTRIBUTOR’S LINK Joe Dys
  • Page 36 and 37: 34 THE DISTRIBUTOR’S LINK Lorri H
  • Page 38: 36 THE DISTRIBUTOR’S LINK NATIONA
  • Page 42: 40 THE DISTRIBUTOR’S LINK Robert
  • Page 46 and 47: 44 THE DISTRIBUTOR’S LINK Bryce F
  • Page 48: 46 THE DISTRIBUTOR’S LINK Bart Ba
  • Page 52: 50 THE DISTRIBUTOR’S LINK Slip-ON
  • Page 55 and 56: THE DISTRIBUTOR’S LINK 53 Parker
  • Page 58: 56 THE DISTRIBUTOR’S LINK Spirol
  • Page 64: 62 THE DISTRIBUTOR’S LINK Interna
  • Page 67 and 68: THE DISTRIBUTOR’S LINK 65 Arser i
  • Page 70: 68 THE DISTRIBUTOR’S LINK Nationa
  • Page 74: 72 THE DISTRIBUTOR’S LINK Investm
  • Page 78 and 79:

    76 THE DISTRIBUTOR’S LINK Anthony

  • Page 80:

    78 THE DISTRIBUTOR’S LINK PWFA -

  • Page 84 and 85:

    82 THE DISTRIBUTOR’S LINK Cardina

  • Page 86:

    84 THE DISTRIBUTOR’S LINK John R.

  • Page 90:

    88 THE DISTRIBUTOR’S LINK MW Indu

  • Page 93 and 94:

    THE DISTRIBUTOR’S LINK 91 Your re

  • Page 96 and 97:

    94 THE DISTRIBUTOR’S LINK Interco

  • Page 98:

    96 THE DISTRIBUTOR’S LINK AUGUST

  • Page 102:

    100 THE DISTRIBUTOR’S LINK MFDA -

  • Page 106 and 107:

    104 THE DISTRIBUTOR’S LINK MWFA -

  • Page 108 and 109:

    106 THE DISTRIBUTOR’S LINK FTI -

  • Page 110 and 111:

    108 THE DISTRIBUTOR’S LINK Eckart

  • Page 112:

    110 THE DISTRIBUTOR’S LINK NEFDA

  • Page 118 and 119:

    116 THE DISTRIBUTOR’S LINK MAFDA

  • Page 120:

    MWFA 33rd ANNUAL FASTENER SHOW ELK

  • Page 124 and 125:

    122 THE DISTRIBUTOR’S LINK Rotor

  • Page 126 and 127:

    124 THE DISTRIBUTOR’S LINK THE BI

  • Page 128:

    126 THE DISTRIBUTOR’S LINK NFDA -

  • Page 131 and 132:

    THE DISTRIBUTOR’S LINK 129 We are

  • Page 133:

    THE DISTRIBUTOR’S LINK 131

  • Page 140 and 141:

    138 THE DISTRIBUTOR’S LINK NCFA -

  • Page 142 and 143:

    140 THE DISTRIBUTOR’S LINK Sems a

  • Page 144:

    142 THE DISTRIBUTOR’S LINK SFA -

  • Page 147 and 148:

    THE DISTRIBUTOR’S LINK 145

  • Page 150:

    148 THE DISTRIBUTOR’S LINK Commun

  • Page 153 and 154:

    THE DISTRIBUTOR’S LINK 151

  • Page 156:

    154 THE DISTRIBUTOR’S LINK MWFA -

  • Page 159 and 160:

    THE DISTRIBUTOR’S LINK 157

  • Page 162:

    160 THE DISTRIBUTOR’S LINK Cable

  • Page 165 and 166:

    THE DISTRIBUTOR’S LINK 163

  • Page 168:

    166 THE DISTRIBUTOR’S LINK SEFA -

  • Page 171 and 172:

    THE DISTRIBUTOR’S LINK 169 Sherex

  • Page 173 and 174:

    THE DISTRIBUTOR’S LINK 171

  • Page 175 and 176:

    MF Supply, a woman owned and operat

  • Page 180 and 181:

    178 THE DISTRIBUTOR’S LINK IS SEO

  • Page 182:

    180 THE DISTRIBUTOR’S LINK INxSQL

  • Page 185:

    THE DISTRIBUTOR’S LINK 183

  • Page 189:

    THE DISTRIBUTOR’S LINK 187 Full L

  • Page 197 and 198:

    THE DISTRIBUTOR’S LINK 195 Lindst

  • Page 199 and 200:

    THE DISTRIBUTOR’S LINK 197

  • Page 202:

    200 THE DISTRIBUTOR’S LINK NEW SY

  • Page 205 and 206:

    THE DISTRIBUTOR’S LINK 203 SPIROL

  • Page 207 and 208:

    THE DISTRIBUTOR’S LINK 205 SAVING

  • Page 210 and 211:

    208 THE DISTRIBUTOR’S LINK THE AR

  • Page 212:

    210 THE DISTRIBUTOR’S LINK THE BU

  • Page 215 and 216:

    THE DISTRIBUTOR’S LINK 213 Tector

  • Page 218:

    216 THE DISTRIBUTOR’S LINK HOW TO

  • Page 221 and 222:

    THE DISTRIBUTOR’S LINK 219 Roger

  • Page 224:

    222 THE DISTRIBUTOR’S LINK FASTEN

  • Page 228 and 229:

    226 THE DISTRIBUTOR’S LINK ECKART

  • Page 230 and 231:

    228 THE DISTRIBUTOR’S LINK WHY A

  • Page 232 and 233:

    230 THE DISTRIBUTOR’S LINK FASTEN

  • Page 234:

    232 THE DISTRIBUTOR’S LINK SOCIAL

  • Page 237 and 238:

    MWFA 62nd ANNUAL GOLF OUTING EAGLEW

  • Page 239 and 240:

    THE DISTRIBUTOR’S LINK 237 Labora

  • Page 241 and 242:

    MWFA 62nd ANNUAL GOLF OUTING EAGLEW

  • Page 243 and 244:

    THE DISTRIBUTOR’S LINK 241

  • Page 245 and 246:

    WHAT THE UAW ELECTION AT VOLKSWAGEN

  • Page 247 and 248:

    THE DISTRIBUTOR’S LINK 245 Bay Ma

  • Page 249 and 250:

    THE DISTRIBUTOR’S LINK 247 ISO 90

  • Page 252:

    250 THE DISTRIBUTOR’S LINK WHAT T

  • Page 255 and 256:

    THE DISTRIBUTOR’S LINK 253 FASTEN

SHARE A PAGE FROM THIS MAGAZINE

OPTION 1: Click on the share tab above, or OPTION 2: Click on the icon (far right of toolbar) and then click on the icon (top right of the page).

Copyright © Distributor's Link, Inc. All Rights Reserved | Privacy Policy