AFC Industries acquired Minneapolis-based Patton Industrial Products, a distributor and machine shop specializing in components used in manufacturing and assembly operations. Terms of the deal, AFC’s second acquisition in two months, were not disclosed.

AFC acquired Des Moines, IA-based Boulder Company in July.

In business for more than 30 years, Bloomington, MN-based Patton is an ISO 9001:2008 certified fastener distributor supplying OEMs. Patton has facilities in Minnesota, Illinois, Iowa, and Texas, and is a member of the National Fastener Distributors Association (NFDA). Web: pattonindustrial.com

“If we were going to sell it was important for us to find a buyer who understood the business and would continue to build on the foundation we laid,” stated Patton CEO Todd Patton.

AFC CEO Kevin Godin added: “We were really happy to be able to add Patton to the AFC family. They have an experienced team of industry professionals that are committed to providing excellent levels of service to their customers as well as expanding our capabilities in a couple key areas.”

Headquartered in Fairfield, OH, AFC Industries supplies fastening and other assembly components, specializing in point-of-use, vendor-managed inventory (VMI) solutions for the medical, rail, solar, utility, defense, automotive, marine, fluid handling, food service, and lighting industries. Web: AFCInd.com

In 2015, AFC was acquired by Incline Equity Partners,  a Pittsburgh based private equity firm Web: InclineEquity.com