6/27/2016 11:56:00 AM
HEADLINES
B2B Industrial Packaging Eyes Fastener Acquisitions
B2B Industrial Packaging is looking to acquire fastener-related companies, fueled by a series of acquisitions fueling the company’s growth.
The company has already acquired Western Metals, Pac Fast, the Lesker Company, and Anasco.
“One of the aspects of these acquisitions that I am most proud of is that we have retained more than 90% of the employees of the companies we have acquired and the first acquisition was over six years ago,” noted president Bill Drake.
B2B Industrial is seeking companies with annual revenue between $1 million and $20 million, and located within a 100-mile radius of Chicago, Dallas, Houston, Los Angeles, San Francisco, Kansas City or Charlotte, NC.
B2B Industrial’s growth has made the company a contender for Crain’s annual list of the 50 fastest growing companies in Chicago for the past three years—with revenue nearly tripling over the last five years alone. Month-over-month gross profit has been up 62% in 2016.
The company also received a Chicago Daily Herald Business Excellence Award in 2016.
“Acquisitions are a key component of our strategy,” noted VP Pat Yonkus.
For more information contact Bill Drake. Tel: 630 396-6203 Email bdrake@b2bind.com
Servicing more than 6,000 active clients, Addison, IL-based B2B Industrial Packaging sells fasteners, steel strapping, and stretch film to clients primarily in the Central Great Lakes, the Central Plains, California, Texas, North Carolina, and Mexico. The company also operates a strapping and fastener tool repair facility that services the entire U.S. Tel: 630-953-1111 Web: b2bind.com
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