Announced

Completed

The Fastener Group completed the acquisition of ONO Work & Safety.

Synopsis

The Fastener Group, a Canadian distributor of fasteners, tools, safety gear, and other accessories, serving customers in the construction, oil and gas, government, and heavy industries, completed the acquisition of ONO Work & Safety, a supplier of retail and industrial sales of work and safety gear and equipment. Financial terms were not disclosed. "ONO Work & Safety is a very strategic acquisition for The Fastener Group. Safety is a tremendous opportunity for TFG, and ONO has a great safety team, a strong customer base and quality product offering. This partnership is a great fit as it will provide ONO the added power of TFG's size, scale and resources and will provide TFG a deeper level of safety knowledge and support for current and new customers. We are extremely excited to welcome ONO Work & Safety to our team," Lylle Kephart, The Fastener Group President & CEO.

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