Hodell-Natco Industries has acquired Merit Fasteners, a Florida-based fastener distributor.
The partnership can expand Hodell-Natco Industries’ geographic footprint from six to seven states in the US, “strengthening its ability” to deliver fasteners, solutions and service to more customers nationwide.
"This acquisition is a great strategic fit. By joining forces with Merit, we're expanding our geographic reach, strengthening our capabilities and welcoming a talented team that shares our values,” said Kevin Reidl, President of Hodell-Natco Industries.
Merit Fasteners is a family-owned business recognised for its strong customer relationships, in-depth industry knowledge and exceptional service, according to Hodell-Natco Industries. It serves a variety of markets, including amusement parks and marine industries.
After the acquisition, Merit Fasteners’ employees will continue to run the Florida operations.
Hodell-Natco is an industrial fastener supplier specialising in inventory management, supply chain efficiency and value. The company offers an inventory of more than 20,000 industrial fasteners and Class C items. Its sourcing team maintains strong relationships with multiple domestic and international manufacturers, enabling it to source hard-to-find products efficiently.
