Auveco to acquire W&E Sales Company.

Auveco, the largest purveyor of specialty fasteners and body hardware used in the automotive aftermarket, agreed to acquire W&E Sales Company, a provider of autobody fasteners and specialty hand tools to the automotive aftermarket. Financial terms were not disclosed. Auveco CEO Jeff Gilkinson said, "For years, the W&E brand and company have been synonymous with exceptional quality and service. The combination of these businesses has strong strategic fit and provides immediate benefits to customers of both Auveco and W&E. We are thrilled to expand our product portfolio while continuing to strengthen the breadth of solutions we can offer our growing network of distribution partners."