Fastenal Co. agreed to acquire certain assets of industrial and fastener supply distributor Manufacturer’s Supply Company (Mansco) for an undisclosed sum. The deal is expected to close by the end of March.

Founded in 1928, Mansco is headquartered in Hudsonville, MI, with additional facilities in Madison, AL and McAllen, TX. Mansco generated approximately $50 million of revenue in 2016, largely from its flagship Michigan location.

“From our first discussions, we were impressed with the Mansco team,” said Fastenal CEO Dan Florness. “It has built a successful business in a challenging fastener distribution market through a focus on customers and a ‘can-do’ approach.”

“I am extremely pleased about the opportunity for the business and our employees to move forward with Fastenal,” added Mansco owner and president Jim Mol.

Mol has operated the business for the past 25 years. The company focuses on fastener products, with a strong market position with commercial furniture OEMs. Web: mansply.net

“This acquisition gives Fastenal a presence in a market where it has not meaningfully contributed in the past, while providing Mansco with additional tools with which to service its customer base,” Fastenal added in a press release.

Fastenal operates approximately 2,500 stores primarily in North America, with additional locations in Asia, Europe, Central and South America and Africa. The company operates 14 distribution centers in North America, including 11 in the U.S. (Minnesota, Indiana, Ohio, Pennsylvania, Texas, Georgia, Washington, California, Utah, North Carolina, and Kansas), two in Canada and one in Mexico. Web: fastenal.com