Fabory is expanding in Portugal with the acquisition of the fastener division of Importinox.

Fabory CEO Francisco Terol cited Importinox’s “longstanding client relationships and solid value adding services.” Upon finalizing the acquisition, Fabory will expand in the Portuguese fasteners market “and we are looking to further build our positioning across Iberia.”

Importinox general manager and co-owner Joaquim Polonia said Fabory is “well positioned to further grow the fasteners division starting from our solid base of over 1,000 accounts in amongst others mechanical engineering and construction market. Our market focus is highly accretive and we are convinced that joining forces will open up many new opportunities.”

Founded in 1988 by Antonio Cerejeira in Northern Portugal, Importinox markets specialized fasteners and plating.  Web: Importinox.com

Founded in 1947 as Borstlap & Sons, today Fabory supplies fasteners, C-parts and MRO in the Benelux. Fabory supplies 180,000 SKUs to 120,000 customers. Its client base ranks from multinational to small and medium sized enterprises, including machine building, electrical appliances, automotive and construction. Fabory has 1,000 employees and 3,000 suppliers. Fabory has 10 European branches, five distribution centers and is headquartered in the Netherlands. Web: Fabory.com/group