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Optimas Acquires US Hardware Supplier Circle Bolt/Nut.

M2 EQUITYBITES-June 18, 2018-Optimas Acquires US Hardware Supplier Circle Bolt/Nut


18 June 2018 - Illinois, US-based supply chain solutions provider Optimas OE Solutions Holdings, Inc. LLC has acquired Pennsylvania, US-based specialty hardware supplier Circle Bolt and Nut Co., Inc., the company said.

Terms of the transaction were not disclosed.

The acquisition supports the Optimas growth strategy into product adjacencies and enhanced MRO capabilities.

The transaction also diversifies the portfolio of Optimas customers across multiple industries.

Optimas is a provider of integrated supply chain solutions and engineering support focussed on delivering highly engineered custom fasteners and other "C" Class components, such as fittings, clamps, bearings, and rivets, to our global customer base of large, industrial companies as well as small and medium-sized companies.

Circle Bolt and Nut Co., Inc. is an international supplier of fasteners, specialty hardware, and value added services with worldwide sourcing and distribution capabilities.

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Publication:M2 EquityBites (EQB)
Date:Jun 18, 2018
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