Acquisition of Aero-Space Southwest, Inc. completed

The Bossard Group has completed the acquisition of Aero-Space Southwest, Inc. The addition of the US supplier - offering a high-quality product range in fastening technology - which was announced on November 21, 2014 has been 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 US 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 US 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.