The combined company will offer stock, standard, and custom manufactured threaded fasteners to a global customer base.
December 13, 2021
CHARLOTTE, N.C. and ANAHEIM, Calif.—Precision components manufacturer MW Industries has acquired Ideal Fasteners, a global manufacturer of threaded fasteners with more than 50 years of experience in stock and custom part manufacturing. The acquisition, which closed on December 10, 2021, expands MW Industries’ existing U.S.-based manufacturing locations to provide precision components for worldwide distribution, the company said in a release.
Ideal Fasteners will join MW Components, a division of MW Industries that specializes in manufacturing precision components at speed and scale. The combined company will offer an increased selection of stock, standard, and custom socket caps, button sockets, flat socket caps, and other threaded fasteners. It will also offer a wide variety of highly engineered metal and plastic components, the company said.
Simon Newman, CEO of MW Industries, said that MW Industries is exited to integrate the Ideal Fasteners product lines into its portfolio.
“Ideal Fasteners is the perfect addition to the MW Industries family,” Newman said in a statement. “At a time when customers want components faster than ever before, businesses need to be able to quickly source a variety of parts from a single provider. Ideal Fasteners allows us to offer a greater breadth of products so we can provide the diversity of products customers need.”
According to MW Industries, the combined company will support customers in more than 75 countries with product lines that include springs, fasteners, bellows, couplings, shims, and more.
“With their global reach and extensive catalog, MW Industries is the perfect partner to take us to the next level,” said Larry McBride, general manager of Ideal Fasteners, in a statement. “By joining MW’s family of locations across the United States, our products and services will be more widely available, and our customers will have more options to support their projects.”
MW Industries manufactures precision components at more than 30 facilities worldwide. The company is said to serve customers across more than 75 countries in sectors as diverse as life sciences, automotive, aerospace, electronics, and energy.