Acquisition News
Stanley Black & Decker has completed the acquisition of Infastech, one of the largest global players in the specialty mechanical fastening and assembly industry. Infastech designs, manufactures and distributes innovative highly‐engineered fasteners and assembly systems for a diverse blue-chip customer base in the industrial, electronics, automotive, construction and aerospace market segments.
Infastech will be merged with Emhart Teknologies to form Stanley Engineered Fastening group engaging 5,000 employees in 150 countries with over $1.4 Billion in revenues. Stanley Engineered Fastening will leverage the combined capabilities to drive growth in existing markets served and new markets made available though the acquisition. As a technology leader in industry, Stanley Engineered Fastening will partner with customers to deliver unique fastening and assembly solutions from an expanded product portfolio while being positioned to support customers wherever they choose to operate.
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