12/2/2010 12:06:00 AM
NEWS BRIEFS
PrimeSource Buying Canada’s Langtry Industries

Construction fastener distributor PrimeSource Canada agreed to acquire Langtry Industries for an undisclosed sum. The deal is expected to close by the end of December. 



Langtry distributes fasteners and building materials servicing the wholesale fastener, building supply, plumbing, electrical, and industrial supply markets throughout Canada, with locations in Vancouver, British Columbia; Calgary, Alberta; Winnipeg, Manitoba; London, Ontario; Montreal; and Dartmouth, Nova Scotia.

Langtry Industries offers a range of fasteners to the industrial supply and OEM manufacturing markets while Lily Fasteners provides packaged products to the retail hardware chains.
 

“Although this acquisition will result in the continuation and growth of the Langtry line, an expanded product offering will develop as PrimeSource adds the full line of Grip-Rite products and brand-name building materials to the newly integrated locations across Canada,” stated Ken Fishbein, co-CEO of PrimeSource. 
 

Founded in Winnipeg in 1927, Langtry Industries supplies the wholesale fastener, plumbing, electrical, and industrial supply market. 
 

In 1995, Lily Fasteners was incorporated to distribute packaged products to the retail hardware industry throughout Canada. Web: lilyfasteners.com  ©2010 GlobalFastenerNews.com