SPRING 2018

THE DISTRIBUTOR’S LINK 183
RICHARD HAGAN FASTENER COMPANY ACQUISITIONS COMPLETED DURING THE SECOND HALF OF 2017 from page 182
A privately-owned company, Davco Fastener employs
more than 25 people and maintains a branch warehouse
in Houston, Texas. Founded in 1984 and headquartered
in Cleveland, Ohio, Hodell-Natco is a full-service distributor
of industrial fasteners and chain products. The company
has more than 300,000 square feet of warehouse space
and five branches in St. Louis, Missouri; Houston, Texas;
Columbia, SC; Orlando, Florida; and Reno, Nevada. The
acquisition of Davco Fastener represents a further move
by Hodell-Natco away from selling to distribution and into
providing advanced supply chain management solutions
to OEM end-users. In March 2017, Hodell-Natco sold its
“packaged fastener and master distribution division” to
Lindstrom LLC.
Purchase price: not available
On December 12, 2017,
Essentra plc purchased Micro
Plastics Inc. Founded in 1961
and headquartered in Flippin,
Arkansas, Micro Plastics is a
developer and manufacturer of injection molded nylon
fasteners and assembly hardware. The company’s product
range includes screws, nuts, washers, panel fasteners,
spacers, bushings, wire handling clips and many more.
A privately-owned company, Micro Plastics operates
from a 280,000 square foot manufacturing and office
facility in Flippin, along with a satellite plant in Monterrey,
Mexico. The company employs more than 450 people and
generated net sales of $26.8 million in the fiscal year
ended June 30, 2017. Headquartered in Milton Keyes,
England, Essentra (London Stock Exchange: ESNT) is
a diversified manufacturer of specialty products and
components produced from plastic, fiber and foam, along
with specialty packaging products. The company operates
via three business segments: i) Component Solutions;
ii) Filtration Products; and iii) Health & Personal Care
Packaging. Essentra operates 48 principal manufacturing
facilities in 33 countries and employs more than 8,000
people worldwide. Essentra generated net sales of £998
million (US$1.38 billion) in calendar 2016.
Purchase price: not available
RICHARD HAGAN