AFC Industries has acquired Cinnaminson New Jersey based AALL AMERICAN Fasteners (AAF). Terms of the deal, the
third AFC acquisition this year, were not disclosed. Founded in 1998, AALL AMERICAN Fasteners is a Vendor Managed Inventory (VMI) services provider offering a complete line of fasteners, electronic hardware, electrical components, tools, abrasives, safety, and industrial products.
(www.aallamericanfasteners.com/)

AFC CEO Kevin Godin explained, “The addition of the AALL AMERICAN Fasteners team to the AFC family will expand our
reach into several key growth areas and further establish us in geographies that are important to us.”

AAF Owner Mark Tenenbaum added, “AFC brings the perfect balance of scale and flexibility that will allow us to expand
our capabilities while continuing to build upon the customer service commitment that has made us successful so far.”

Headquartered in Fairfield, OH AFC Industries supplies fasteners and assembly components, specializing in Vendor Managed Inventory solutions (VMI) to manufacturing and assembly plants in a broad range of industrial markets. (https://www.afcind.com/)

In April 2021 AFC Industries was acquired by Bertram Capital, based in Foster City CA. (https://bertramcapital.com/)

Read Press Release:

AAF Press Release Dec 2021-afc-lt19

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’IN THE NEWS’ with Fastener News Desk the Week of December 13th, 2021

 

 

Acquisitions