1/25/2016 12:01:00 AM
HEADLINES
ACQUISITION: Keller & Kalmbach Acquires Infinity Fasteners
Skip Freeman
German fasteners and fastening technology distributors Keller & Kalmbach acquired Lenexa, KS-based Infinity Fasteners Inc., Modern Distribution Management reports.
“The U.S. market is very attractive for us and has great potential,” said CEO Florian Seidl. The company primarily serves customers in the industrial and automotive sectors.
Infinity Fasteners has 35 employees at four locations in Kansas, California, Ohio and Nebraska, serving manufacturers of cooling towers for power plants and cooling systems, according to MDM. Sales in fiscal year 2015 were around $15 million.
Infinity Fasteners CEO Skip Freeman will stay with the company for two years to aid in the transition.
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