4/10/2013 1:22:00 AM
HEADLINES
Lamons Grows EU Footprint with Wulfrun Acquisition
Lamons, a TriMas Corp. business, expanded its presence in the European energy market with the $9.6 million acquisition of Wulfrun Specialised Fasteners Ltd. on March 26.
UK-based Wulfrun Specialised Fasteners Limited manufactures and distributes specialty bolting and CNC machined components for critical oil and gas, pipeline and power generation applications.
Wulfrun generated approximately $10 million in revenue for 2012.
“This new acquisition enhances our capabilities throughout Europe,” said Lamons president Kurt Allen.
“The ability to provide specialty bolts to new and existing customers, as well as the ability to supply gaskets to existing Wulfrun customers provides Lamons with additional growth opportunities throughout Europe.”
In recent years Houston-based Lamons has opened sales and service branches around the world. In the past eight months Lamons acquired two Brazilian companies: Gasket Vedacoes Tecnicas Ltda in January 2013 and CIFAL Industrial e Comercial Ltda in July 2012.
Lamons designs, manufactures and distributes industrial sealing products and fasteners for the petroleum refining, petrochemical, oil field and other industrial markets. These highly-engineered products are designed, manufactured and stocked in close proximity to refining and petrochemical customers for quick delivery. Web: lamons.com ©2013 GlobalFastenerNews.com
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