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  • China International Hardware Show 2023 concludes its remarkable 20-year journey and sets to embark on the new chapter of China’s hardware industry

    Posted in Fairs and exhibitions, Fastener distribution, Fastener suppliers, Fasteners manufacturers, Hardware on Sep 30, 2023

    * Grand closing of China International Hardware Show 2023 with its 20th anniversary.

    * Industry forums and innovation awards bring in new insights to capture hardware trends.

    * Positive feedback from the CIHS 2023 onsite, exhibitors and visitors have confirmed their next participations.

    China’s hardware industry is getting much-needed boost with the successful opening of China International Hardware Show (CIHS) on 19-21 September 2023 in Shanghai, China. After experiencing the waves of the global economy affecting numerous industries around the world, including China’s hardware businesses, this year's show was held in anticipation and received an overwhelming response from the industry for its 20th anniversary.

    As one of the most influential and professional annual hardware events in the global market, organised by China National Hardware Association and Koelnmesse Co., Ltd., CIHS 2023, in conjunction with its concurrent exhibitions “China International Building Hardware & Fasteners Show 2023” and “China International Locks & Security Doors Show 2023”, totally covers 120,000 square metres, featuring a wide range of products including tools, DIY & building hardware, lock, work safety & accessories as well as processing equipment and garden tools.

    Total of 2,623 exhibitors from 27 countries and regions have brought tens of thousands of brands and products to showcase their products, exchange and network to take advantage of the great business opportunities. The fair has warmly received 68,405 visits from 97 countries and regions worldwide during the three-day period, among which, the international trade buyers accounted for 7.7 percent.

    Supported by Koelnmesse’s international hardware trade fairs, as well as embassies, consulates and trade associations worldwide, CIHS 2023 welcomed the encouraging re-entry of international participants, especially from Germany, the United States, Canada, Mexico, Japan, India, China Taiwan, etc.

    During the three-day event, renowned domestic hardware enterprises participated. Some of the key participants included Great Star, Wendeng Maxpower, Ningbo Great Wall, Jiangsu Hongbao, Hebei Zhongbo, Zhejiang Huafeng and Tiangong International. Additionally, Chinese brands representing local hardware industry clusters and associations, such as Yongkang, Jiande, Jinhua, Lin’an, Xiaolan, Anping, Taigu and Pujiang, also proudly showcased their products. This show served as a testament to the superior quality and craftsmanship of “Made in China” products.

    “Though CIHS was interrupted for three years due to the pandemic, this year’s event marks a grand comeback and restart, and we have exceeded expectations in terms of the scales, numbers of exhibitors and visitors, performance of events and the feedbacks from all participants,” Mr. ZHANG Dongli, President of China National Hardware Association stated, “such achievement symbolises the dedication and innovative inputs of the organisers and respective partners, as well as the active support and participation of all exhibitors and visitors. After over three years of endeavors, a splendid event has been presented during the 3 show days. Not only did it exceed everyone’s anticipation, but it also laid a solid foundation for the successful show in 2024. Meanwhile, we will continue to facilitate all participants with more premium services, improvement initiatives and build a development pattern that empowers a spectacular CIHS.”

    On the occasion of CIHS’ 20th anniversary, the organisers have launched a series of celebration events, including an onsite gallery dedicated to honouring CIHS’ exceptional journey over the past two decades. This dedicated area showcased the impressive growth of the exhibition, with expanded scope and increased participation from valued exhibitors and visitors. The remarkable showcase highlighted the extraordinary progress made and set the stage for future milestones. Additionally, faithful enterprises and exceptional service providers have been honoured and praised for their continuous support and unwavering commitment to CIHS.

    “In the past two decades, we have witnessed the prosperous development of China's hardware industry and contributed to the enhancement of international cooperation and exchanges. With years of expansion and accumulation, CIHS has successfully evolved into the ideal choice and access for overseas buyers in the Chinese market,” remarked Mr. Oliver Frese, Chief Operating Officer of Koelnmesse GmbH, “at a time when the global economy is stabilising in the post-pandemic era, we are delighted to provide comprehensive support to enterprises in expanding their global export capabilities and distribution networks through our on-site events and services.”

    The much-anticipated events such as awards and competitions, conferences and forums, industry networking were in full swing during show days This year, onsite exhibitors and visitors enjoyed as many as 52 conference sessions, themed matchmaking sessions, competitions and innovation award activities, covering hot topics of the entire industry, and providing a more diversified showcase and interactive experience.

    The China National Hardware Association and the China Industrial Design Association jointly organised the 4th edition of "Golden Hook" China Lock and Technological Equipment Design Competition. Seven esteemed judges from the organisers, Tsinghua University and Shandong University reviewed 38 lock products from 33 exhibitors, garnering significant interests from the industry.

    In the inaugural “CIHS Best Product Awards”, a total of 24 Excellence Awards, 65 Exquisite Awards, and New Product Awards were conferred. This recognises and promotes the industry’s most forward-thinking and innovative products of the year, providing cutting-edge product information to propel the industrial development and facilitate its growth.

    The newly introduced Foreign Trade Channel Development Forum has gained the active participation and high recognition of industry colleagues. Esteemed attendees have affirmed that the forum offers a range of valuable information and effective channels for trade communication, enabling businesses to overcome marketing obstacles and enhance channel management efficiency.

    The dedicated matchmaking sessions themed on supply and demand from various countries and regions, mainly targeted market channels in Europe, America, Latin America and the “Belt and Road”. During show days, 325 meetings between buyers and exhibitors were effectively facilitating onsite. In addition, 318 hosted buyers have been formed into various procurement delegations from supermarket and distribution channels in 80 countries and regions and engaged in-depth trade and business communications with selected exhibitors.

    Positive feedback from the CIHS 2023 onsite, exhibitors and visitors have expressed that they will continue to participate next year “We’re Kaijie Abrasives and mainly specialise in abrasive mold production and have been in the industry for 30 years. We have been participating in the CIHS since its second edition. We are truly grateful to the organisers for providing us with the opportunity and platform to communicate with international visitors. CIHS has significantly contributed to our growth. We hope to meet many new customers every year,” was highly appraised by Mr. Hou Qingkai, General Manager of Xuchang Kaijie Abrasive Co., Ltd.

    “I’m from Saudi Arabia. I have a company here in China and in my country as well, dealing with hardware products such as painting tools, drills and cutting accessories. I have visited this trade fair multiple times, expanding our business with Chinese suppliers. I’m interested in Chinese manufacturers because they can fulfill the clients’ requirements such as providing with high quality, good prices and cooperation and the efficiency we need. I feel that this fair can provide the customers who would like to find new suppliers of what they need and give a good access to Chinese suppliers,” commented by Mr. Osama Al-Refaei, General Manager of Yiwu Wise Trading Co., Ltd.

    In 2023, in the new situation of the international and domestic economy, the hardware market is encountering important and unprecedented changes. In the meantime, the hardware industry is facing serious challenges as well as rare opportunities. “With the positive signals of industry’s recovery and the support of all partners, exhibitors and visitors, CIHS will be able to embrace new opportunities, meet new challenges, set the industry’s new benchmark and jointly promote the healthy and stable development of the hardware industry through the exhibition platform,” added Mr. Keith Tsui, Managing Director of Koelnmesse Co., Ltd.

    For more information about China International Hardware Show, please click on https://www.hardwareshow-china.com/


    Author: Ms. Cathy Zhang

    Tel.: + 86 21 6390 6161-810 Fax :+ 86 21 6390 6858 E-mail: cathy.zhang@koelnmesse.cn

    Koelnmesse (Beijing) Co., Ltd. Shanghai Branch Unit 3103, Wheelock Square, No. 1717 Nanjing West Road Shanghai 200040, P.R. China www.koelnmesse.com

    Managing Director: Keith Tsui

  • FASTENER POLAND® Trade Fair - no 1 in Central and Eastern Europe

    Posted in Fairs and exhibitions, Fastener suppliers, Fasteners manufacturers on Sep 19, 2023

    Transformed supply chains and international cooperation networks, the war in Ukraine, an increase in production costs, the introduction of carbon tariffs (CBAM), competition with countries with low production costs, smooth adaptation to changing customer needs, investments in innovation and new technologies - these are the topics that manufacturers and distributors will discuss during the FASTENER POLAND® International Trade Fair of Fastener and Fixing Technology. The 6th edition of the event will take place on October 18-19, 2023 at EXPO Krakow, and the theme will be ecology.

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    The entire industry in one place

    The FASTENER POLAND® is the only international fair of fasteners organized in Central and Eastern Europe - a key forum for exchanging experiences, learning about new products, as well as building effective trade relations between companies from around the world. The pandemic has shown very clearly that face-to-face meetings cannot be replaced in business. FASTENER POLAND® is back to its pre-pandemic state. In October, over 150 companies from 15 countries will present their offer. They will present the most modern industrial fasteners and fittings (from screws, through rivets to nuts, pins or wedges), construction fasteners (anchors, concrete screws, fixing facades and insulation), advanced assembly and installation systems (with the presentation of the latest riveting devices, screwdrivers and screw insertion systems or assembly brackets), as well as technologies for the production of fasteners and devices for their storage and distribution.

    We connect buyers from all over the world

    The fair will be visited by buyers from industries that use fasteners for the production of their products. This year, the organizers direct the promotional campaign especially to industries with the greatest potential. Photovoltaics, automotive, aviation and the medical industry are sectors with the greatest demand for all types of fasteners and fixings. Poland is among the top ten countries in the world in terms of the size of the photovoltaic market. In Europe, only Germany and Spain are ahead of us in this regard. The industry records continuous sales increases and is developing dynamically. Therefore, the demand for components is growing, in particular for specialized and quality fasteners. The fasteners market responds to these needs by designing and delivering the best solutions with enhanced resistance to difficult conditions in which solar systems are used. Several dozen manufacturers will present their solutions on a special zone dedicated to this industry.

    Bleisure - combining business with spare time

    We believe that success begins with meetings, therefore organizers encourage everyone interested in expanding business contacts to participate in the fair. In addition to free invitations to the fair, a program combining business travel with leisure was developed. Trend Bleisure - a word created from the combination of the words "business" and "leisure" - is the key message of the strategy implemented by Targi w Krakowie Ltd. Participants of the fair will be inspired by the map of attractions, which will include recommended accommodation, local restaurants, monuments, climatic places and cultural centers. And since there is no shortage of interesting places in Krakow, the organizers are sure that some customers will extend their stay by additional days.

    List of exhibitors, trade fair novelties, free registration for guests, hotel offer and a list of recommended restaurants and places worth visiting at www.fastenerpoland.pl


    Author: FASTENER POLAND®

  • Bulten enters into agreement to acquire Exim & Mfr Holdings Pte Ltd

    Posted in Acquisitions, Fasteners manufacturers on Jul 10, 2023

    Bulten has entered into an agreement to acquire all shares in Exim & Mfr Holdings Pte Ltd “Exim”, an Asian, Singapore-based distributor of fasteners and other components, for a purchase sum of approximately SGD 66.3 million (SEK 530 million) on a cash-free and debt-free basis. The acquisition affords Bulten a good platform to grow in new sectors, where the distribution stage is a pivotal sales channel.

    The acquisition is expected to contribute to Bulten’s development and earnings, and to increase earnings per share. Exim gives Bulten access to a large, broad customer base in growth sectors in a dynamic region. The acquisition is an important part of Bulten’s strategy, which aims for growth outside of the company’s primary customer group of automotive, and to improve risk diversification, as well as margins.

    Anders Nyström, President and CEO of Bulten Group, comments: “Our strategy sets out a clear focus on balancing our sales through growth in customer groups beyond the automotive industry. The aim is for these to account for at least 20% of sales by 2025. The acquisition of Exim takes us into the distribution stage, which is a key to profitable growth in new sectors. Exim is a well-managed company with an international customer base and developed processes for distribution and Vendor Managed Inventory (VMI), which is suitable for industries with completely different purchasing patterns than Bulten has historically been used to. Exim’s base in Singapore is also highly attractive. It enables us to take advantage of the strong growth in that region, and we also see potential in using Exim’s sales network to increase sales for our factories in China and Taiwan. Exim will, together with Bulten's rapidly growing business to consumer electronics customers, constitute the beginning of a new industrial segment.”

    Background

    Exim & Mfr Holdings Pte Ltd is a privately owned company based in Singapore. Established in 1982, the company distributes fasteners and other c-parts*, along with related services from more than 1,800 manufacturers and suppliers for American, European, Indian and Japanese companies operating in Asia. The company has more than 1,000 customers in a range of sectors including telecom, electronics, energy, medical technology, aviation, and other industrial manufacturing. Exim has approximately 140 employees in Singapore, India, Indonesia, Malaysia, Thailand, the Philippines and Vietnam, and annual sales of about SGD 40 million (SEK 320 million).

    Purchase sum and completion

    The purchase sum is approximately SGD 66.3 million (SEK 530 million) on a cash-free and debtfree basis. The sum will be paid in cash with equal financing from an existing credit facility with Svenska Handelsbanken and an additional loan from the Swedish Export Credit Corporation. The acquisition is expected to be completed during Q3 2023. The transaction cost is estimated at SEK 8 million.

    KPMG, Drew & Napier, and Setterwalls are acting as advisers to Bulten in connection with the acquisition.

    Access to the shares is expected to take place on August 31, 2023, taking into account the fulfillment of customary conditions according to the transfer agreement.

    * Components with a low unit price that manufacturing companies stock in large quantities. Questions related to the entered agreement regarding the acquisition can be asked at Bulten’s presentation of the Q2 result on July 12.

    Questions related to the entered agreement regarding the acquisition can be asked at Bulten’s presentation of the Q2 result on July 12.

    Webcast BultenQ2: https://ir.financialhearings.com/bulten-q2-2023

    Teleconference Bulten Q2: https://conference.financialhearings.com/teleconference/?id=200812

    For further information, please contact:

    Ulrika Hultgren, SVP Corporate Communications & IR, +46 727-47 17 58, ulrika.hultgren@bulten.com


    Author: Ulrika Hultgren

  • SUCCESS BEYOND ANY EXPECTATION FOR THE DEBUT OF INTERNATIONAL HARDWARE FAIR ITALY

    Posted in Fairs and exhibitions, Fastener distribution, Fastener suppliers, Fasteners manufacturers, Hardware on May 22, 2023

    More than 5,300 visitors from 30 countries. The new trade fair, powered by EISENWARENMESSE, achieves its goals and meets the expectations of visitors and exhibitors.

    INTERNATIONAL HARDWARE FAIR ITALY

    The first edition of International Hardware Fair Italy took place from 5-6 May 2023 at Fiera di Bergamo. International Hardware Fair Italy 2023, organised by Koelnmesse Italy on the model of EISENWARENMESSE, was sold out with 302 exhibitors in its two halls. The trade fair experienced a strong participation from international companies from 20 countries, including group and individual participants. Along with a strong European participation from Italy, Germany, France, Spain, Belgium, Switzerland, Poland, Greece, Bulgaria, Holland, Slovenia, United Kingdom, Norway, Serbia and Turkey companies from Australia, India, Taiwan, China and Unites States joined the premiere event.

    The strong synergy with EISENWARENMESSE, the world's largest trade fair for the sector is the basis for the immediate success of the new events’ first edition that registered more than 5,300 visitors from 30 different countries. International Hardware Fair Italy aims to become the new Italian "home" of hardware both at Italian and European level and hosts the entire world of hardware, building, DIY, outdoor & garden, as well as safety, paints & colours, electricity and industrial supplies. Complementary to EISENWARENMESSE the Italian event is held in odd years.

    A platform that meets the real needs of professional industry

    “For some time now, we have been gathering clear signals from the Italian and European market to organise an event dedicated to the hardware, building and DIY world, which was not yet present in Italy. And the market proved us right,” commented Markus Oster, Vice President Trade Fair Management, Koelnmesse GmbH in Germany. “The success of this first edition comes from all our experience as trade fair organisers, which has enabled us to structure a trade show exhibition that meets the real needs of the industry. Also thanks to the strong support to this first edition of the many European and Italian associations, we managed to create the most representative platform in Italy for the European market,” added Thomas Rosolia, CEO of Koelnmesse Italy.

    International Hardware Fair Italy partners with EDRA/GHIN

    The partnership with EDRA/GHIN (European DIY Retail Association-EDRA, and Global Home Improvement Network-GHIN) represented an important step towards establishing the event at European level. “The International Hardware Fair Italy was one of the most successful first editions of a Trade Fair that I have had the pleasure of experiencing” commented John W. Herbert, General Secretary of EDRA/GHIN. “The organisers of the coming together of the industry in Bergamo can be most proud for what they have accomplished with this show, which will have a most promising future.”

    The national and international associations’ support

    The leading associations in the different sectors, more than twenty of them both Italian and European, also confirmed their support and cooperation for the trade fair. Among them, we can mention ZHH, the Professional Association for the Hardware Trade; FWI, the Association of Tool Manufacturers in Germany; Assofermet Ferramenta, the Italian Association of Hardware Distributors. At regional level, the response was also strong, gaining the cooperation of organisations with strong roots in the region, including Ance Bergamo, Confartigianato Imprese Bergamo, Confindustria Bergamo and, in particular, Ascom Confcommercio Bergamo, which includes one of the largest hardware business networks in Italy.

    The key role of matchmaking

    The matchmaking programme was a key event to enable companies and distributors/dealers to meet at the trade fair. More than 200 meetings were organised during International Hardware Fair Italy, thanks to the collaboration with national and European distribution partners with specialisation in the different channel clusters involved in the event.

    The conferences

    The conference programme included two days of discussion on the most topical issues: industry scenarios, panel discussions between manufacturers and distributors from the physical and online channels, and an extensive programme of professional workshops.

    The first morning was dedicated to the international market scenario in the hardware, building and DIY sectors, and the strategic and economic drivers that will condition the supply chains in the coming years. In the afternoon slot, the conference was dedicated to trends in modern home improvement, and the evolution of the national and international large-scale retail network.

    The conference on the second event day was dedicated to renewal in independent technical retail, the evolution of B2B and social communication, and the new expectations of the professional consumer post Covid, with a focus on the world of colour in the ColorDay event. The garden & outdoor market played a leading role in the conference dedicated to trends in the green distribution world and garden centres, with an in-depth look at the Green Bonus and innovation in gardening equipment.

    The Product of the Year Award - a collaboration between International Hardware Fair Italy and Assofermet Ferramenta - as well as the Oscar del Negozio ferramenta and the Negozio Ascom Prize were presented during the award ceremony.

    The industry’s comments on International Hardware Fair Italy 2023 Michele Taddei, Sales Director of Bossong spa

    “We are now an historical presence at the Cologne Fair: at EISENWARENMESSE we are very much at home. When the opportunity to participate in the first edition of International Hardware Fair Italy in Bergamo came up, we took it immediately, precisely because of the success of the Cologne fair over all these years. Here in Bergamo, we experienced a similar spirit of internationality in the building sector that exists in Germany. The size of the fair was, of course, smaller, but Italy responded very positively to our expectations.”

    Franco Morganti, CEO of Morganti spa Kapriol

    “From our perspective, the impression of this first edition of International Hardware Fair Italy is definitely positive; for us, it is a successful event, which has met and exceeded our expectations. The event, particularly for the number of visitors and the high profile of the exhibiting companies, is a not to be missed appointment also for future editions. And it will certainly be counted among the most important trade fairs on the European scene.”

    Luca Paccagnella, General Director of Helvi spa

    “We are very satisfied with Helvi participation in the first edition of International Hardware Fair Italy; this international specialised event was very well attended and generated a lot of interest.”

    Petra Pott-Zemanova, General Manager MPS Sägen GmbH

    “The success of the exhibition was very pleasing for our company. The exhibition was very well organised and fully met our expectations.”

    KOELNMESSE – INDUSTRY TRADE FAIRS FOR THE HARDWARE SECTOR:

    As a top international trade fair organiser, Koelnmesse is the global market leader in organising events for the hardware/ironware segment. It hosts the leading international event EISENWARENMESSE – International Hardware Fair Cologne at its trade fair grounds in Cologne, where Asia-Pacific Sourcing also showcases products, innovations and trends for homes and gardens from the Far East. In addition to the events at its Cologne headquarters, Koelnmesse is expanding its portfolio internationally in key markets: The China International Hardware Show in Shanghai, the International Hardware Fair Italy in Bergamo and the International Hardware Fair India in New Delhi are bespoke events and leading trade fairs for the region with international participation. They create the foundation for sustainable, international business for their participants and bring together supply and demand within the sector with a carefully targeted approach. www.hardware-worldwide.com Available on Instagram, Linkedin, Facebook and of course on its website: www.hardwarefair-italy.com


    Author: Alessandra Fraschini Communication Manager

  • CONDAT again PLATINUM MEDAL

    Posted in Award, Innovation, Lubricants, Sustainability on Apr 03, 2023

    CONDAT, an international specialist in industrial lubricants for more than 165 years, is pleased to announce the renewal of its "Platinum" medal awarded by EcoVadis, the Corporate Social Responsibility (CSR) platform. The company has demonstrated its commitment through concrete actions and its efforts to evolve its business model over the long term. This proactive approach allows the company to keep this medal obtained in 2021. With this result, CONDAT remains in the TOP 1% of the best rated companies in the world by EcoVadis.

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    Initiated decades ago, CONDAT's responsible commitment is based on one of the Group's core values: BUILD TO LAST. CONDAT is thus one of the precursors in the development of industrial lubricants with a reduced environmental impact, launching its first biodegradable lubricants more than 20 years ago. The company also integrates sustainability goals at every stage of product life, as evidenced by its unique eco-designed product self-assessment system, the Lubriscore®.

    Reducing the carbon impact of its production sites is also one of its priorities. In 2022, significant efforts were made for example on the French site in terms of reducing water consumption (-15%), electricity consumption (-18%) and on transport, the company was able to reduce its CO2 emissions by 8% compared to 2019.

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    In February 2023, CONDAT integrates the Climate Enterprise Convention (CEC). The ambition of this program is to support, for 10 months, companies and their managers to move towards the 'regenerative company', that is to say to go beyond the ambition of a responsible company by moving towards a business model that contributes to the environment.

    With the climate challenges, CONDAT's objective is to encourage social and environmental commitment by offering a safe, efficient and least impactful product offer. Through this ‘raison d'être’, the company wants to show that a new path is possible thanks to the strength of its collective.


    Author: Nathalie VIDAL

    CONDAT Communication Manager

  • EFC International Acquires Inventory Sales Company

    Posted in Acquisitions, Fastener distribution, Industry 4.0 on Mar 13, 2023

    ST. LOUIS, MISSOURI – March 2, 2023. Frontenac-backed EFC International announced March 2 that it has acquired St. Louis-based Inventory Sales Company (ISC), a distributor of fastener products, components, and struts/accessories to diversified industrial and infrastructure markets. Financial terms of the deal were not disclosed.

    EFC, based in St. Louis, MO, operates globally and provides solutions such as engineering support, sales and marketing, distribution, and high-touch service to customers in the automotive, industrial, and other technical end markets. The Company has served as a critical link between suppliers and customers for over 35 years. EFC has a history of growth driven by longstanding supplier relationships and a tenured customer base.

    ISC, founded in 1972 by Jim Friedmann and headquartered in St. Louis, MO, is a distributor of Class-C parts with a primary focus on fasteners and strut accessories. The company has a highly reputable and well-established brand and is known for outstanding levels of service through its broad capabilities including vendor managed inventory programs, in-house fabrication, kitting, and a strong sales force. ISC also has operations and a warehouse in Kansas City, KS and St. Elizabeth, MO.

    Matt Dudenhoeffer, EFC CEO, who will lead the combined company, stated “The ISC acquisition provides us with tremendously increased scale and diversification while further expanding and strengthening the product and service offerings of both companies. The acquisition is very strategic, and what is also impressive is the alignment of company cultures and similar histories. We believe the sky is the limit for what we can accomplish together through the strong collaboration of these great teams.”

    ISC President, Cathy Friedmann, who will continue to lead ISC, added that “This combination of our two companies is such a great fit; it gives us the platform to grow beyond what we ever previously imagined. EFC dramatically enhances our technical capabilities and our product and service offerings as well as geographic footprint. The customer has always been king at ISC, and now we can serve them even better than before. This acquisition creates additional opportunities for our customers, suppliers, and employees alike.”

    About EFC

    EFC International, headquartered in St. Louis, is a global provider of engineered fasteners and specialized component solutions serving the automotive, electrified vehicle, industrial and distribution marketplaces. Providing a high level of engineering support to customers and protecting supply chains is a cornerstone of EFC’s model. Close supplier partnerships with market leaders and innovators enables EFC to meet the unique and evolving needs of each customer. EFC’s engineered products include plastic injection molded components, spring steel stampings, cold-formed fasteners, clamp products, motion control and routing components, electrical/electronic connectors, and light assemblies among numerous other products. EFC has locations in North America, Europe, and Asia. To learn more about EFC and to explore their online engineering guides, please visit www.efc-intl.com.

    About ISC

    St. Louis-based Inventory Sales Company is a distributor of fasteners, specialty components, struts, and strut accessories to a diversified group of customers and industrial end markets. ISC creates value through stocking a large breadth of product and acting as an outsourced, scaled purchasing team for its customers. Service capabilities include VMI programs, customized kitting/packaging/labeling, in-house fabrication, stud welding, technical product assistance and global sourcing. The company provides valued customer service by having short lead times, a wide selection of products, customized inventory programs, and by following a simple mantra – “The Customer is King.” To learn more, please explore www.inventorysales.com.

    About Frontenac

    Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50+ years, Frontenac has built a leading franchise working with over 300 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit frontenac.com


    Author: EFC International

  • INTERNATIONAL HARDWARE FAIR ITALY MAKES ITS DEBUT

    Posted in Fairs and exhibitions, Hardware on Jul 18, 2022

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    The International Hardware Fair Cologne launches satellite event

    The new event “powered by EISENWARENMESSE” will be held from 5-6 May 2023 at Fiera di Bergamo

    Koelnmesse brings the approved trade fair model of EISENWARENMESSE to Italy by launching International Hardware Fair Italy. The new international project for the European market will provide a "home" in odd years to the world of hardware, building, DIY, outdoor and gardening, safety, colour, electrical and industrial supplies. “Our decision to launch International Hardware Fair Italy is in line with our strategy to strengthen our global portfolio while responding to the growing demand in the Italian market” according to Gerald Böse, CEO of Koelnmesse GmbH.

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    Briefly, this is the commitment that the new event intends to maintain by alternating with the International Hardware Fair Cologne. The Italian event will adopt contents, style, philosophy, objectives and quality of the largest trade fair in the sector worldwide. This new format underlines the great attention of one of the world's most important trade fair organisers for Italy, which, beyond being a leading market, is certainly one of the most attractive location for events of European importance.

    The choice of the new location, Bergamo, meets the development and internationality requirements of the new event. It is easily accessible, in a strategic position in northern Italy and well connected to all of Europe.

    "For some time now, we have been collecting precise signals from the Italian and European markets for an event that will provide the many sectors mentioned with the necessary continuity of relationship with the market", comments Thomas Rosolia, CEO of Koelnmesse's Italian subsidiary. "We have chosen to put all our experience as exhibition organisers into an international exhibition that meets the real needs of the technical hardware, building and DIY sector. We will achieve this goal with the collaboration of institutional partners and leading production and distribution companies", adds Mr. Rosolia.

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    International Hardware Fair Italy will be targeting an extremely wide range of visitors: from traditional and professional hardware distributors to tool shops, from large-scale retailers and DIY brands to paint shops and building material retailers. Of course, manufacturers and importers, distributors and decision makers from the industry panel, the increasingly important e-commerce platforms, garden centres, buyers, industry and service companies, will all be present too. The exhibition is completed by a full calendar of side events: business meetings with major distributors, conferences, demo areas and training workshops to explore the topics and problems of fast-changing sectors.

    See you at International Hardware Fair Italy, 5-6 May 2023 Fiera di Bergamo

    www.hardwarefair-italy.com

    Author: Koelnmesse – Hardware worldwide


    As an international top organiser of trade fairs, Koelnmesse is the global market leader for the product sections hardware/ironware divided up into the segments Tools, Industrial Supplies, Fasteners and Fixings, Fittings, Home Improvement as well as for the innovations of these industries. The leading trade fair EISENWARENMESSE - International Hardware Fair Cologne - as well as Asia-Pacific Sourcing in Cologne, the International Hardware Fair Italy in Milan and CIHS - China International Hardware Show in Shanghai/China - are exemplary for this.

    www.hardware-worldwide.com


  • Two Companies, One Common Goal. Collaborating to Serve the Industrial Market

    Posted in Aerospace fasteners, Fasteners manufacturers, Industry 4.0 on May 26, 2022

    Somerset, NJ – Today, Rotor Clip and LISI Automotive NOMEL are excited to announce a new partnership to serve the industrial market. With over 200 years of combined manufacturing excellence serving industries from automotive to aerospace, medical and beyond, Rotor Clip and LISI are the global leaders in providing Application Driven Solutions™.

    “We’re bringing together two companies, with a long history of engineering and service excellence,” says Simon Ellison, Rotor Clip’s Director of Business Development. “This collaboration has been put together to initially serve the French industrial sector with a strategic range of precision engineered components.”

    As the global leader in the manufacture and design of Circlips, Retaining Rings and Wave Springs, Rotor Clip now expands its reach of products, engineering, and award-winning service to the market though LISI Automotive. Compiled with the added strength and reach of the LISI brands and product family, we’re bringing together two companies with established manufacturing and distribution facilities in the EU marketplace.

    “This new supply collaboration provides the marketplace with added supply chain stability, localized solutions and support, and market expertise,” says Ellison. “Today the French industrial sector now has access to the largest selection of coiled rings, wave springs and precision pressings/stamped components, all from one point of contact.”


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    Author: Lane Persky

    Chief Marketing Officer

    lane.persky@rotorclip.com

    Telephone: +1-773-398-1123

  • EISENWARENMESSE – INTERNATIONAL HARDWARE FAIR COLOGNE moved to September 2022

    Posted in Fairs and exhibitions, Fastener distribution, Fastener suppliers, Fasteners manufacturers on Jan 24, 2022

    One-time postponement to the fall will ensure maximum participation from exhibitors and visitors including vital Asian sales and manufacturing markets “As the world’s leading trade fair for the hardware industry, our aim is to provide a comprehensive overview of the global market and bring together suppliers and buyers from all over the world. With this in mind, we together with the associations and exhibitors have decided to hold the EISENWARENMESSE – INTERNATIONAL HARDWARE FAIR COLOGNE from 25 to 28 September 2022, instead of the originally scheduled dates of 6 to 9 March 2022,” announced Chief Operating Officer of Koelnmesse, Oliver Frese, in Cologne today.

    Since the pandemic situation continues to develop dynamically worldwide and strict travel restrictions are expected in March, especially for important Asian overseas markets, this scenario is a win-win for everyone: Exhibitors can plan for September with a longer lead time and look forward to the usual international audience, including from Asia. Visitors can look forward to a renowned group of participants and an attractive event programme shaped by a high number of exhibiting companies.

    “With the Anuga Food Fair and International Dental Show (IDS) in the fall, we proved that trade fairs with Koelnmesse’s hygiene and safety concept are once again possible at an international level and can be carried out safely for everyone. Furthermore, our customers were very pleased with the business activities at these events,” pointed out Oliver Frese. “However, certain industry-specific conditions must be in place in order to fully leverage the power of personal exchange at an international trade show. In the case of EISENWARENMESSE – INTERNATIONAL HARDWARE FAIR COLOGNE, this power will be significantly greater in September thanks to the participation of the Asian market.”

    The Asian manufacturing and sales market plays an important role in the hardware industry. Many Asian countries have again identified Germany and large parts of Europe as a risk area due to the generally high incidence figures, and travelling from these countries will be difficult well until spring. Based on the experience from 2021 and as the global vaccination campaign progresses, the situation should look completely different in September 2022.

    The decision to postpone the EISENWARENMESSE – INTERNATIONAL HARDWARE FAIR COLOGNE was therefore made independently of the situation of other spring trade fairs in Koelnmesse’s portfolio, which have considerably different exhibitor and visitor structures in some cases.

    Full support from the industry

    “The industry needs a strong EISENWARENMESSE – INTERNATIONAL HARDWARE FAIR to build long-term success,” commented Wolfgang J. Kirchhoff, Chairman of the Advisory Board and Managing Director of Witte Tools. “If the conditions for this are better in September than in March, then postponing the date is the only logical and correct decision for the industry and the trade fair.”

    "The German tool industry is strongly export-oriented. We therefore need an internationally widely attended INTERNATIONAL HARDWARE FAIR and we are confident that we will achieve this goal with the postponement,” said Managing Director of the German association of tool manufacturers (FWI) Stefan Horst regarding the postponement.

    "First things first: we can continue to look forward to an INTERNATIONAL HARDWARE FAIR in 2022 and thus to an important instrument to prepare for the future in these turbulent times together as an industry. The postponement will enable all exhibiting companies to devote their full attention to the preparations for the fair after what is expected to be a hard winter," said Norbert Lindemann, Managing Director of Herstellerverband Haus & Garten e.V. (German Association of Home & Garden Manufacturers).

    “Trade fairs are the lifeline of our international business activities and play an immense role in helping the pandemic-battered global economy get back on its feet. The EISENWARENMESSE – INTERNATIONAL HARDWARE FAIR is one of the events that we always recommend our members attend. The fact that we will have to wait to see each other in Cologne again in no way diminishes the anticipation,” says John Herbert, General Secretary of the European DIY Retail Association/Global Home Improvement Network (EDRA/GHIN) on behalf of the international DIY markets.

    March event is not a blueprint

    Planned for a long time and ready to go – top-class informative special exhibitions and theme platforms such as the eCommerce area featuring innovative, disruptive solutions and strategies for retailers in the areas of payment, shop systems, ERP, hosting, search engine optimisation and multichannel. The digital extension EISENWARENMESSE @home will be available in September also. “Nevertheless, we do not want to just take the plans for March and use them for September: The world simply changes too quickly,” said Matthias Becker, Director of EISENWARENMESSE – INTERNATIONAL HARDWARE FAIR COLOGNE. “We will look at the current hot topics in the industry and adapt the plans accordingly.” Koelnmesse – industry trade fairs for the hardware sector: As a top international trade fair organiser, Koelnmesse is the global market leader in organising events for the hardware/ironware segment. It hosts the leading international event EISENWARENMESSE – International Hardware Fair Cologne at its trade fair grounds in Cologne, where Asia-Pacific Sourcing also showcases products, innovations and trends for homes and gardens from the Far East. In addition to the events at its Cologne headquarters, Koelnmesse is expanding its portfolio internationally in key markets: China International Hardware Show (CIHS) in Shanghai and Hardware Forum Italy in Milan are bespoke events and leading regional trade fairs. They create the foundation for sustainable, international business for their participants and bring together supply and demand within the sector with a carefully targeted approach.
    Further information: https://www.eisenwarenmesse.com/trade-fair/industry-trade-fairs/

    The next events:

    Hardware Forum Italy - The hardware expo and forum, Milano September 2022 China International Hardware Show - Leading Trade Fair for Tools, DIY and Building Hardware, Fasteners, Security Systems, Locks and Fittings, Shanghai 21.09. - 23.09.2022


    For more information please follow EISENWARENMESSE – INTERNATIONAL HARDWARE FAIR

    On Facebook: www.facebook.com/eisenwarenmesse

    On Twitter: www.twitter.com/eisenwarenmesse

    On LinkedIN www.linkedin.com/showcase/eisenwarenmesse


    Author: Judith Leyendecker Communications Manager

  • GOEBEL GMBH ANNOUNCES TOWER FASTENERS EU LTD AS OFFICIAL AUTHORIZED DISTRIBUTOR

    Posted in Fastener distribution, Industry 4.0 on Nov 29, 2021

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    Goebel GmbH announces a new and exciting partnership with Tower Fasteners EU Ltd as an official authorized distributor for all products & tooling.

    The two companies entered into an agreement that sees Tower Fasteners EU Ltd become an authorized distributor for Goebel GmbH product lines which consist of: Blind Rivets, Threaded Inserts, new G-Grip™ Stainless Lockbolt System, Self-Tapping/Drilling Screws, Sealing Washers, Drill Bits, Nut Drivers, Over-Center Toggle Latches, Hand & Power Tools, PPE Equipment, and many more innovative specialty products.

    “Goebel GmbH is pleased to partner with Tower Fasteners EU Ltd to distribute our blind fastening product lines, over-center latches, new G-Grip™ Stainless Lockbolt System, and other product lines throughout the Republic of Ireland. For over 50 years Tower Fasteners has been a leader in the field of fastener distribution and “C” class commodity inventory management systems. Their persistence about making sure it’s the right part, on time, every time supports their commitment to supply products from only the highest quality manufacturers; it is an integral part of their longevity and success in this business. Tower Fasteners EU Ltd is a great fit for our company’s vision and we are looking forward to working together for years to come.”, said Marcel Goebel, CEO of the Goebel Group.

    Derry Cronin, Key Account Manager was equally pleased stating. “From the very first day into the present time, Tower Fasteners continues to set the standard for innovation and excellence in fastener distribution. Tower Fasteners is committed to providing world class products and services the first time and every time. Each and every Tower employee shares the Shannon family's commitment to total customer satisfaction. Partnering with Goebel GmbH and distributing their innovative fastener solutions will help us provide our customers new products that will help streamline their manufacturing processes. Tower Fastener employees go above and beyond to help customers find solutions to their problems.”

    About Tower Fasteners

    Thomas J. Shannon founded Tower Fasteners in 1967 in Mineola, New York. Mr. Shannon's philosophy was a simple but powerful one: provide his customers with the products they needed, when they needed them, without fail. Because of Mr. Shannon's strong commitment to customer satisfaction, Tower Fasteners continued to grow year by year.

    The company relocated several times to larger facilities across Long Island. The first Tower distribution center, in Fort Lauderdale, Florida, which is now a sales office, was opened in 1975. In 1986, Tower designed and built its current corporate headquarters, in Holtsville, New York. Additional distribution centers in New England, Pennsylvania, New Jersey, North Carolina, Mexico, and Texas are currently servicing Tower customers along the East Coast and Southwest of the United States, as well as in Mexico. In 2018, Tower Fasteners opened its first European distribution center in Dublin, Ireland. Tower Fasteners EU Ltd is located less than thirty minutes outside of Dublin’s city center and will serve as Tower’s European headquarters. Tower has grown from a one-person organization to a company that employs over 100 people in eight states. Today, Tower Fasteners is being managed by a second generation of Shannon's that have inherited Thomas J. Shannon's passion for, and commitment to, excellence. For more information visit https://www.towerfast.com/

    About Goebel

    The Goebel Group is a family-run and internationally active business group of joining and assembly technology. Considered specialists in the development of innovative and high-quality joining elements and corresponding processing systems, their friendly and experienced staff, representatives, and distribution partners take care that customers are satisfied and actively support the entire supply chain as well as value chain. For more information visit https://www.goebel-group.com




    Author: Goebel