Gesipa owner SFS has released a short and sweet press statement to confirm it is discussing the potential of a 'strategic collaboration' with Triangle Fastener Corporation (TFC).
The only other details revealed include that the talks are in the early stages and that the first results of the discussions will be expected by the end of this year.
TFC supplies fastening systems and solutions for the commercial construction industry. Founded in 1977 in Pittsburgh, the company has approximately 192 employees across 23 locations in the US.
Switzerland headquartered SFS recently deepened its strategic partnership with German fastener firm HECO, raising its stake in the business to 51%. The Group's latest financials saw the growth momentum seen in 2017 continue through to H1 2018.
