Announced
Completed
Financials
Tags
Diversified Industrials
Private
fastener parts
Private Equity
Netherlands
Acquisition
Friendly
general engineering
Majority
Single Bidder
Domestic
Completed
Synopsis
Private equity firm Torqx Capital Partners completed the acquisition of Fabory, a specialist supplier of fastener solutions and fastener related products, from W. W. Grainger. Financial terms were not disclosed. "Based on our extensive experience and strong track record with technical distribution businesses, we see a strong fit between Fabory and Torqx. We can help the company to strengthen its position as leading fastener specialist in its core markets and achieve its full potential," Harmen Geerts, Torqx Managing Partner.
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