Swiss based fastening systems and door hinge manufacturer SFS intec, which serves window and door fabricators across the country from its UK base in Leeds, has strengthened its group offering by acquiring the German riveting technology specialist GESIPA.
The deal sees SFS intec broaden its range of mechanical fastening systems to include GESIPA’s rivets which are available as standard and metric rivets, plastic rivets, structural blind rivets and blind rivet nuts.
The primary objective of this acquisition is to concentrate the efforts of both companies in fulfilling customer needs. Riveting technology and threaded fasteners complement each other perfectly in many fields of application common to both companies.
The GESIPA brand will be retained and it will continue to operate its 14 sites in 10 countries, including Keighley in West Yorkshire. GESIPA had a turnover of €108 million in 2007.
Glen Wainwright, director of SFS intec’s UK Industrial Fasteners division says, “This acquisition is excellent news for the SFS group which continues to invest to ensure manufacturers have access to cutting edge solutions. GESIPA’s riveting technology expertise, product excellence and reputation in their markets mirrors that of SFS intec’s in our fields of threaded fasteners and hinge technology.”
For further information on SFS intec visit www.sfsintec.biz or call 0113 208 5500. An overview of GESIPA is available at www.gesipa.com .