wiredInUSA October 2018

Secured acquisition

LindstromLLC, a Harbour Group company, has acquired Stelfast Inc.

to partnering with Stelfast to build lasting value for our customers.

Stelfast is a stockist and distributor of fasteners and specialty parts, headquartered near Cleveland, Ohio, with ten distribution locations across North America. Founded by Surinder Sakhuja in 1972, it delivered its first fastener products in 1974 and currently serves customers across North America with over 12,000 different products.

“This acquisition expands not only our physical footprint and product offering, but also enhances our service levels and ability to meet all of our customers’ needs.” Simmi Sakhuja, president and second- generation owner of Stelfast, said: “The Lindstrom team and culture are a great fit with Stelfast. These two companies are uniquely suited to serve our customers with an enhanced service capability, and we are eager to demonstrate this to the market.”

The entire Stelfast executive team will remain with the business.

Neil Yeargin, president and CEO of Lindstrom, commented: “We look forward

wiredInUSA - October 2018

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