US-based industrial fasteners and MRO products supplier STS Industrial has been acquired by construction supply company NEFCO.
STS Industrial said the acquisition will enhance its ability to serve customers with expanded inventory, increased purchasing power and improved operational scale.
The acquisition also allows STS Industrial to better meet the growing demands of the energy, chemical and manufacturing sectors, while continuing to rely on the established service model and local expertise that have built long-term customer relationships.
STS Industrial added that the acquisition reflects broader trends in the MRO and construction supply industries, where consolidation has become a key strategy to address increasing demand, improve supply chain efficiency and better serve customers.
Scott Habetz, Owner of STS Industrial, said: “The acquisition by NEFCO allows us to build on the strong foundation we've created while opening up new opportunities for our employees and delivering even greater value to our customers through NEFCO's national scale, expanded product offerings and resources.”
STS Industrial’s daily operations will remain unchanged after the acquisition, with the same teams and locations remaining in place to ensure continuity in service.
