Avantus Aerospace acquired Fastener Innovation Technology Corporation (FIT) in Rancho Dominguez, CA.
Founded in 1979, FIT manufactures high-strength specialty fasteners for military and commercial aerospace applications. The company is led by Larry Valeriano, who will continue to lead FIT along with the existing management team under the guidance of Avantus Fastener President Dennis Suedkamp. Web: FitFastener.com
“The FIT team have built an innovative, specialty fastener business with an excellent reputation,” stated Avantus CEO Brian Willaims. “We believe our combined strength will allow us to better serve our customers.”
Other companies in the Avantus group include Fastener Technology Corporation (FTC), which Avantus acquired in December 2019.
Valencia, CA-based Avantus Aerospace, formerly Shimtech Group, is owned by Inflexion Private Equity and Auctus Industries. Web: AvantusAerospace.com
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