Bolts & Nuts Acquires Challenger Component Services

Bolts & Nuts Corp., a nationwide industrial distribution firm based in Chattanooga, Tennessee, announced it has acquired Nashville, TN-based Challenger Component Services, in support of its growth and expansion strategy. Challenger Component Services is a leading provider of highly engineered Class C products serving customers throughout the U.S., Canada, Mexico, Europe and Asia.  With this acquisition, and with the addition of Challenger’s teams in Tennessee, Oklahoma and Alabama, Bolts & Nuts Corp will broaden its ability to serve its strategic manufacturers and OEMs, particularly in the automotive and transportation segments, both on and off road, in the US, Mexico, Canada, Europe and Asia, where Challenger maintains existing deep customer relationships.  Currently, Bolts & Nuts serves customers in over 40 states, Mexico and Europe.