AFC Industries Acquires Circle Bolt & Nut
AFC Industries has acquired Kingston, Pennsylvania-based Circle Bolt & Nut (CBN). Terms of the deal were not disclosed.
Founded in 1979, CBN quickly established itself as a leading distributor of fasteners, C part components, and fulfillment services to OEM customers throughout the United States. Since 2018, CBN has operated as part of Optimas OE Solutions.
“We look forward to the next chapter with AFC,” said CBN President Jim Castellino. “Each step of the way we have strengthened our foundation for success. We are excited to build on this legacy and explore new opportunities for growth and innovation with AFC. Our commitment to delivering exceptional service and quality to our customers remains unwavering as we embark on this new journey.”
“We are excited to have the CBN team join the AFC family,” said AFC CEO Kevin Godin. “They have an experienced team of industry professionals that have a proven track record of taking great care of their customers. Bringing them on board deepens our presence in key geographies and adds a great group of customers and team members. Adding them to the AFC platform strengthens both companies and positions both AFC and CBN for long-term success.”
Headquartered in West Chester, Ohio, AFC Industries is a dynamic organization dedicated to providing supply chain management solutions on small components and tooling for a diverse base of manufacturers and assemblers across a broad range of industries. Through its experienced team and global resources, AFC excels at making customer manufacturing and assembly processes more efficient and cost-effective.
Visit www.afcind.com or email [email protected].