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Fastenal to Acquire Regional Distributor

Mar. 03, 2017 2:55 PM ETFastenal Company (FAST) StockBy: Gaurav Batavia, SA News Editor
  • Fastenal (NASDAQ:FAST) +1.8% signed an agreement to acquire certain assets of industrial and fastener supply distributor Manufacturer’s Supply Company, Mansco.
  • Mansco is headquartered in Hudsonville, Michigan and has additional facilities in Madison, Alabama and McAllen, Texas.
  • The agreement includes several conditions to close, and we expect to close by the end of March.

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