Hodell-Natco Industries acquired Davco Fastener Co. on December 1, 2017, giving Hodell-Natco “a stronger foothold in the OEM market.”

Kevin Reidl

Hodell-Natco president Kevin Reidl – the 2013-14 president of the National Fastener Distributors Association – views the acquisition as the perfect step in Hodell-Natco’s growth strategy.

“You don’t often come across another business that is so wholly aligned to your own business both strategically and philosophically,” Reidl stated.

Davco Fasteners offers additional custom and specialized product lines that will allow Hodell-Natco to appeal to a broader customer base.

Both companies are family-owned businesses.

“Our shared values for integrity and strong customer relationships makes this more than just your typical acquisition,” Reidl continued. “It’s a true fit that accelerates our growth in the OEM marketplace.”

Founded in 1986, Davco distributes fasteners and electrical products, with operations in Houston and Twinsburg, OH. Web: DavcoFastener.com

Davco owner/president Dave Potts explained that it took many meetings with interested buyers over several years before he found the right deal.

“Davco was being pursued for acquisition by a number of companies before I talked with Kevin at Hodell-Natco,” Potts explained. “After meeting Kevin and getting to know his values and long-term business strategy, this deal just made sense.”

Potts says that he and other Davco employees will be integrated with Hodell-Natco’s team.

Hodell-Natco is a full-service wholesale distributor of fasteners and chain. Hodell-Natco stocks 40,000 products in 300,000 sq ft of warehouse space in Ohio, South Carolina, Texas, Florida, Nevada and Missouri. Web: HodellNatco.com