BOLTS MARKET ANALYSIS

Market News

Global Bolts Market: Key Developments

In January 2021, Keller & Kalmbach Group announced the acquisition of HEMA Schraubenfabrik und Befestigungstechnik GmbH in Schoemberg, Germany. With this acquisition, Keller aimed to enter the production of fasteners and fastening technology and strengthen the company's competitiveness.

In September 2020, Keller & Kalmbach Group announced the acquisition of trading business of Sweden based Fameco Holding AB. The company aimed to expand its business in Scandinavian countries and expand their European footprint.

In 2021, the Würth Group introduced a groundbreaking line of bolts known as the Würth Anti-Corrosion Range. These specially crafted bolts are specifically engineered to provide exceptional protection against corrosion, making them ideal for usage in demanding environments like marine and industrial settings. The assortment comprises a diverse selection of bolt types and sizes, encompassing hex bolts, carriage bolts, and anchor bolts.

In 2020, TR Fastenings made headlines by finalizing the acquisition of Precision Technology Supplies, a renowned distributor of Stainless Steel fasteners based in the UK. This strategic move was undertaken to enhance TR Fastenings' portfolio of products and reinforce its dominant position within the Bolts Market on a global scale.

In 2020, Heyco Products, a US-based manufacturer specializing in molded wire protection products, was acquired by PennEngineering. This strategic move was undertaken with the goal of bolstering PennEngineering's Typerange and solidifying its presence in the worldwide Bolts Market.