TORONTO, Sept. 14, 2009 – Interfast Inc., a leading global aerospace and industrial fastener distributor, today announced it has purchased certain assets of UK-based Burwood Fastener Products Ltd. and has launched a new European division that will operate under the name Interfast Europe Ltd.
“Interfast Europe integrates the best of both organizations and will offer a comprehensive range of fastener products from more than 40 manufacturers, engineering product support and extensive supply chain management expertise,” says Peter Oleck, director of Interfast Inc. and general manager of Interfast USA. “Interfast has been a valued and trusted partner to the world’s leading aerospace and industrial companies for more than 40 years. We’re confident that the newly formed organization will bring a new critical mass to servicing the European market.”
David Proctor has been appointed general manager of Interfast Europe Ltd. and Howard Gerstein becomes director of sales and marketing. No changes to existing staff are anticipated as the company moves forward to support existing customers. Interfast Europe will support customers in the European aerospace and industrial fastener markets.
The establishment of Interfast Europe now brings the total of Interfast stocking locations to nine across North America and Europe.
About Interfast Inc.
Interfast is a value-added distributor of specialty fasteners, fastening systems, and production installation tooling for the aerospace, automotive, electronics and general industrial markets. Interfast serves the global market through a network of strategic business partnerships, combining its extensive business and product knowledge with local representatives. The company works with the aerospace OEMs and their suppliers, airlines and the MRO sectors to deliver proactive and innovative fastener-based solutions for a broad base of applications, coupled with a strong presence in the industrial market with recognized branded products such as PEM® and Unbrako®.
The acquisition provides Interfast with a firm base of operations in Europe and will operate under the name Interfast Europe Ltd.
The joint venture company will be located in Zhuhai City in Guangdong Province in China.
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