AFC Industries Acquires Champion Bolt
November 4, 2022
AFC Industries
AFC Industries has acquired Erie, PA based Champion Bolt (www.championboltinc.com) Terms of the deal were not disclosed. Champion, established in 1986, specializes in custom-solutions and services for OEM assembly environments.
“Champion Bolt has demonstrated a long-term commitment to providing excellent service to customers and deepens several unique capabilities for the AFC platform. We are
happy to welcome them to the AFC family” -AFC CEO Kevin Godin“Being part of the AFC group brings several resources that will unlock additional opportunities for us with both new and existing customers. We spoke with several potential buyers and are confident the AFC culture and strategy will be the best fit for our team and our customers.” – Champion President Dave Ott
About AFC Industries
Headquartered in Fairfield OH, AFC Industries is a dynamic organization dedicated to providing supply chain management solutions for fasteners, tooling, and assembly components to original equipment manufacturers, assembly plants, and other users of these products. Their supply solutions include Vendor Managed Inventory, Stock and Release programs, Light Assembly, Kitting, and Private Labeling services amongst others. AFC supports a diverse base of manufacturers across a broad range of industries. Their experienced team has a proven track record of helping manufacturers and assemblers reduce cost, improve quality, and increase efficiency. (www.afcind.com) In April 2021 AFC Industries was acquired by Bertram Capital, based in Foster City CA.
(www.bertramcapital.com)
For additional questions please contact sales@afcind.com
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