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Lindstrom Metric Acquires Bossard Metric in U.S.
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2012-11-26
Lindstrom Metric LLC, acquired Bossard Metrics Inc., a Harbour Group company, acquired Bossard Metrics, Inc., Lindstrom president and founder Virgil Lindstrom announced. Terms of the transaction were not disclosed.
Based in Elk Grove Village, IL, Bossard Metrics is the U.S. master distribution business of the Swiss-based Bossard Group. Bossard Metrics sells to U.S. distributors, with no direct sales to manufacturers. Bossard Metrics will be integrated with Lindstrom, enabling the combined operation to provide 2,000 distributor customers with more than 75,000 standard and specialty metric fasteners.
Lindstrom will become the exclusive master distributor for Bossard's products in the U.S. "I am extremely excited about pulling Bossard Metrics into the fold as its 'BN' nomenclature is widely recognized throughout the industry," Virgil Lindstrom said. "This transaction adds to our ability to execute and continue to be the key partner to our valued distributor customers."
Bossard provides Lindstrom with inventory breadth, product availability, ancillary services and order flexibility on standard as well as tens of thousands of low-volume metric fasteners.
Founded in 1972, Lindstrom Metric has warehouses in South Carolina, New York and Illinois and is headquartered in Blaine, MN. Lindstrom Metrics is a Harbour Group company. Since it's founding in 1976, St. Louis-based Harbour Group has acquired 169 companies in 34 different industries.
Bossard AG CEO David Dean said Lindstrom's "experience combined with their ability to move quickly and in a straight forward manner, assured me and the management team that Harbour Group and the Lindstrom team is well-suited to support the Bossard Metrics' customers and become the exclusive master distributor of the Bossard Group products to the distributor network in the United States. We're looking forward to working with Lindstrom for many, many years to come."
Based in Elk Grove Village, IL, Bossard Metrics is the U.S. master distribution business of the Swiss-based Bossard Group. Bossard Metrics sells to U.S. distributors, with no direct sales to manufacturers. Bossard Metrics will be integrated with Lindstrom, enabling the combined operation to provide 2,000 distributor customers with more than 75,000 standard and specialty metric fasteners.
Lindstrom will become the exclusive master distributor for Bossard's products in the U.S. "I am extremely excited about pulling Bossard Metrics into the fold as its 'BN' nomenclature is widely recognized throughout the industry," Virgil Lindstrom said. "This transaction adds to our ability to execute and continue to be the key partner to our valued distributor customers."
Bossard provides Lindstrom with inventory breadth, product availability, ancillary services and order flexibility on standard as well as tens of thousands of low-volume metric fasteners.
Founded in 1972, Lindstrom Metric has warehouses in South Carolina, New York and Illinois and is headquartered in Blaine, MN. Lindstrom Metrics is a Harbour Group company. Since it's founding in 1976, St. Louis-based Harbour Group has acquired 169 companies in 34 different industries.
Bossard AG CEO David Dean said Lindstrom's "experience combined with their ability to move quickly and in a straight forward manner, assured me and the management team that Harbour Group and the Lindstrom team is well-suited to support the Bossard Metrics' customers and become the exclusive master distributor of the Bossard Group products to the distributor network in the United States. We're looking forward to working with Lindstrom for many, many years to come."
