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U.S. Fastener Company M&A Completed During Q1-3 2021
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2022-02-07
At a time when the global supply chain is most volatile and companies are discovering vulnerabilities within their supply chains, mergers and acquisitions can appear like a very wise business decision. Company mergers are beneficial when a specific company has maintained a strong hold on the market, or if the company simply has a known strength in their industry. For example, a strong supply chain would imply the company has developed strong relationships with overseas suppliers and contracts with ocean carriers and other logistics partners. Other companies may have a strong chokehold on operations or manufacturing plants, or extensive product knowledge. It’s important for a free market to continue to exist which allows for market competition amongst different industries. With a level of market competition, the creation of monopolies is avoided in the market and companies can continue to enter the market. As many great business entrepreneurs would say, it’s not necessarily who does it first, but who does it best.
Between January and September 2021, the U.S. is responsible for over $4.8 Billion USD of fastener imports from around the globe. The U.S. imports over 1.3 Billion kilograms of fasteners into the U.S. for manufacturing and distribution purposes across a multitude of industries. Traditionally speaking, the U.S. is considered one of the major importers of fasteners, especially from foreign suppliers in Taiwan, China, and Japan. Fasteners that are imported by the U.S. are traditionally used for the auto manufacturing industry, construction industry and the aerospace industry. When it comes to fastener exports to the world, the U.S. accounts for a little over $3 Billion USD and 548 million kilograms. The U.S. exports a wide range of fully manufactured goods (of which contain fasteners), but also a variety of different types of fasteners. The U.S. primarily exports fasteners to its immediate neighbors (Mexico and Canada) as well as China.
Let’s take a deep dive into the fastener companies that have either performed a merger or acquisition in the last nine months of 2021. It’s important to keep in mind that a significant amount of financial data and transactional business data remains private making it difficult to understand the full details on all mergers and acquisitions......(Click on the link below to read full article)
U.S. merger & acquisition
2021
美國併購案
2021
News
2022-02-07
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