The Bossard Group has completed the acquisition of Aero-Space Southwest Inc. The addition of the U.S. supplier - offering a high-quality product range in fastening technology - which was announced on November 21, 2014, was completed on January 6, 2015.
Aero-Space Southwest Inc. grew as a family-owned business and has established itself as a supplier for various industries including electronics, telecom and aerospace, as well as for the medical sector. This U.S. supplier offers a broad range of fastening solutions and electrical components for these and other industries. The company employs 65 people and generated a turnover of USD 44 million in 2014.
The acquisition of Aero-Space Southwest Inc. is in line with the strategic focus of the Bossard Group which increasingly focuses its product range on high-quality engineered and branded products. Aero-Space Southwest Inc. offers a solid base for further expansion in the U.S. market as the company has branch offices in key industrial locations, mainly in the western region of the United States. They have locations in the states of California, Washington and Arizona, as well as Mexico and Hong Kong.