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US LBM Buys Distributor, Launches Fastener Division


Time:2015-05-16 01:58 Source:www.lmpiso.com Writer:lmpiso Click:

 

US LBM Buys Distributor, Launches Fastener Division




(May 15, 2015)  US LBM Holdings subsidiary Universal Supply Co. has acquired 12-year-old fastener/tool distributor A&C Supply, Riverside, N.J., from Fred Lindsey and relaunched it as Universal Fasteners.

 
“The team at A&C Supply is extremely excited be a part of Universal Fasteners,” said Lindsay, who stays on as president. “This is the perfect opportunity to expand our business and provide fasteners, compressors, safety equipment, scaffolds, ladders, sealants, adhesives, specialty tools, and repair services to the entire Universal Supply marketplace.”
 
Universal Supply president Jeff Umosella added, “The formation of Universal Fasteners supports the US LBM strategy to diversify our specialty product categories and customer base. The experience and professionalism of the A&C team will fit seamlessly into the Universal Supply family.”




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