Industry News

BFC acquires Electra from administration 29 January 2017

In November BFC Tibbetts announced the acquisition of Electra Engineering Services (Midlands) Ltd and Security Fasteners & Fixings Ltd (SFF).  

Electra is a long-established business with over 30 years history – supplying hexagon pillars and spacers, along with standard fasteners and fixings, to the electronics and industrial manufacturing sectors. Some 12 years ago, Electra acquired SFF to further enhance its portfolio. The range of licensed security fasteners are unique to SFF and have been widely adopted throughout industry where security of product and property is paramount.

Electra entered receivership in September 2016. Tibbetts Group Ltd (BFC) were successful in acquiring the business on the 26th September 2016 and has committed to ensuring this long-standing business remains strong in the market place.
BFC (Formerly BF Component Solutions) has been established for over 40 years and services the needs of customers’ inventory on components and fasteners, turned parts, pressings, volume parts and spares; offering competitive solutions in all C-class product areas. BFC is part of the Tibbetts Group.

 

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Will Lowry Content Director t: +44 (0) 1727 743 888

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Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.

Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.