Würth Group Acquires Fastener Distributor House Of Threads

The Würth Group has announced the acquisition of the U.S. company House of Threads, based in Birmingham, Alabama, and its sister company based in Querétaro, Mexico. Würth House of Threads is now part of Würth Industry of North America (WINA), one of the largest providers of assembly technology in the USA. Supplying original equipment manufacturers (OEMs) and commercial construction companies with a range of assembly material and other C-parts, the Würth House of Threads business supports WINA's continued growth strategy and boosts its access to new and adjacent markets. House of Threads, founded in 1963 generated sales in the amount of USD 42.1 million for 2015. It currently has 108 employees on its payroll and has over 1,200 active customers.

 

House of Threads strengthens Würth's presence in the economically strong U.S. Southeast and grants WINA access to the market in Central Mexico. WINA is currently comprised of nine companies, which primarily serve the OEM market by providing vendor management inventory programs through their proprietary brand, CPS® C-Parts Solutions. Würth House of Threads is WINA's fourth acquisition in the last two years.

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