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Fairmont Supply Acquires Industrial Fasteners Distributor THB
Tuesday 13 February 2018

13 February 2018 - US-based distributor Fairmont Supply Company has acquired US-based industrial fasteners distributor THB, Inc, the company said.

THB, of of Salt Lake City, Utah and Boise, Idaho has joined the Fairmont Supply family of companies.

The company was founded in 1986 by two brothers Robb and Scott Harbertson and has since grown to serve many loyal customers in the Salt Lake City and Boisemarkets. The company carries over 400,000 products in their lines.

THB has maintained their ISO 9001 registration since 2003, and in 2004 they added ASME NQA-1 compliance for the Nuclear Industry.

Corey Bell, president/CEO of THB since 2013 will continue to lead the Salt Lake City location and John Plaizier, Branch Manager since 2006 will continue to lead the Boise location.

These locations will be a part of Fairmont Supply's Western Regional team.

Fairmont Supply was founded in 1921 and is headquartered in Washington, Pennsylvania, now with 17 distribution centers and on-site store management locations throughout the United States.
Details
Date Published: 13/02/2018
Target: THB, Inc
Country: USA
Sector: Machinery/Engineering
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Fairmont Supply Company
Comment:
Terms of the deal were not disclosed

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