Würth Group Acquires Des Moines Bolt
The Würth Group announced that is has completed its acquisition of Des Moines Bolt, a premier distributor of quality fasteners and supplies based in Des Moines, Iowa. Würth Des Moines Bolt is now part of the Industry Division as a member company of Würth Industry of North America (WINA), one of the largest assembly component distributors in the U.S.
With locations in Iowa, Missouri and Nebraska, Würth Des Moines Bolt has more than 35 years of experience supplying a vast array of industrial fastener products, and variety of services including EDI, bar coding, kitting and packaging, inventory management, delivery services, and more.
“The addition of Würth Des Moines Bolt allows WINA to aggressively continue our strategy of expanding business west of the Mississippi River, as well as acquiring high quality, profitable companies. Acquiring companies like Würth Des Moines Bolt supports this kind of growth as we seek to triple our 2013 sales and reach sales of $1 billion by 2020,” says Marc Strandquist, Executive Vice President of the Würth Group.
Des Moines Bolt was started in 1978 by the Simmer family. Their eight distribution locations across the Midwest include approximately 180,000 of square-footage. The acquisition also adds 95 employees, and more than 1,100 customers to WINA.