Bossard Acquires Bollhoff’s French Distributorship

Bossard Group acquired B�llhoff Usinec distribution operations in Gretz Armainvilliers, France, from the German B�llhoff Group in Bielefeld.

The B�llhoff operation has 11 employees and reports sales of CHF 4.1 million (US$3.2 million).

Bossard and B�llhoff have complementary geographic focus. The companies had entered into an alliance – 2-B-global – in 2004, allowing both companies to provide support for industrial customers with multinational operations because 2-B-global was designed to offer cross-company services to mutual customers. Given Bossard’s market position in France, it was included in the alliance that Bossard take over B�llhoff’s French distribution operation. Web: Bossard.com �2006 FastenerNews.com