EuroWire January 2025

Corporate News

French spring manufacturer acquired by Lesjöfors Group

where we’re based, welcomes Lesjöfors Group and the growth opportunities their business model offers. Our

The Lesjöfors Group has expanded its European spring supply solutions with the purchase of its first spring manufacturer in France, Ressorts Lacroix. The Swedish headquartered spring and pressing manufacturer acquired several spring companies during 2024, and the completion of the purchase of Ressorts Lacroix builds on a strategic growth plan for Europe. The Ressorts Lacroix product portfolio in cludes a range of springs and wire parts for customers within the hydraulic, auto motive, aerospace and medical sector. Yohan Dutheil, CEO of Ressorts Lacroix, said, “France and Meung-sur-Loire,

Ressorts Lacroix is now part of the Lesjofors Group

“We are laser-focused on delivering this, and it’s a joy to have acquired Ressorts Lacroix, a company whose success we have been watching for quite some time. We’re grateful to them for enabling us to now say we have a manufacturing plant in France, and we look forward to developing this partnership even further.” Lesjöfors Group www.lesjoforsab.com Ressorts Lacroix https://ressorts-lacroix.com

potential is now limitless. Lesjöfors, as a global parent company, enables us to access new markets. Being part of a larger corporation not only gives us greater reach, it also enables us to access sales strategies, knowledge, technologies and networks that enriches our employees and adds value to our customers.” Lesjöfors Group CEO Ola Tengroth concluded, “Acquisitions add value to us, but it is equally as important that it adds value to the acquired company too.

Ahlsell acquires Herning Industri Lager Ahlsell Denmark, through its subsidiary KJV AS, has signed an agreement to acquire all shares in Herning Industri Lager AS. The company will become part of the industrial specialist KJV AS. The acquisition is intended to strengthen the position and offering in the Danish industrial sector. to industrial companies in Denmark, operating from a store, warehouse and head office located in the town of Herning. With its acquisition, Ahlsell aims to create one of Denmark’s leading suppliers. The acquisition was scheduled to be completed in November 2024.

companies and the public sector. The company has an annual turnover of approximately 50bn SEK, almost 8,000 employees, more than 300 stores and four central warehouses. Ahlsell AB www.ahlsell.com

Ahlsell distributes installation products, tools and supplies to installers, contractors, facility managers, energy

Herning Industri Lager AS www.herningindustrilager.dk

Herning Industri Lager sells fasteners, tools, transmissions and machines

Sherex adds Desert Distribution as sales representative

there are many opportunities for us in the southwest. We’re glad to have the Desert Distribution sales team represent Sherex and I’m looking forward to growing together.” Sherex manufactures fasteners for thin sheet material applications in steel, aluminium and composite materials. In addition to its headquarters in Buffalo, New York, USA, the company has sales and distribution facilities in Mexico, the UK and Poland, and worldwide manufacturing capabilities in the USA, Taiwan, China, Malaysia and Ireland. Sherex Fastening Solutions www.sherex.com Desert Distribution www.desertdistribution.com

Optisert®, RIV-Float® and Hand Tool Calibration Unit, Desert Distribution adds another manufacturer to its portfolio. “Sherex is quickly turning into one of the fastener leaders in our industry,” said Jo Morris. “They offer a wide selection of quality rivet nut solutions along with great customer service and reliability as a manufacturer. Our customers will benefit by having them on board.” While Sherex has provided the southwest US with fasteners for more than 20 years, Desert Distribution will improve the visibility of the company’s products across this region.

Sherex a PennEngineering® company involved in engineered fasteners, tooling and automation, has announced that Desert Distribution is its new sales representative in the southwest USA. Desert Distribution is a professional man- ufacturer’s representative for engineered fastener and component manufacturers and suppliers for the southwestern United States, including California, Arizona, Colorado, Utah, Nevada and New Mexico. Led by John Wachman and Jo Morris, Desert Distribution has been in the fastener business, representing some of the largest US fastener companies, since 2001. With Sherex’s range of fastening products, such as the award-winning Fastening Solutions®,

Sherex president Adam Pratt said, “I think

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www.read-eurofasteners.com

January 2025