TFC Europe, an AFC Industries company, has further expanded its European footprint and operations by acquiring Verucon Fasteners and Logistics GmbH.
Located in Gotha, Germany, Verucon is a specialist supplier of fasteners and services to a wide variety of manufacturing sectors throughout Germany and other markets worldwide. Including specialist CNC machining capabilities, this brings a valuable extension to TFC’s own capabilities in region and compliments TFCs already strong position in Europe as a leading supplier of Vendor Managed Inventory (VMI) services for C-parts with various high precision product solutions, such as Smalley Wave Springs and an extensive portfolio of seals and o-rings.
Morgan Burgoyne, president at TFC Europe, said: “The manufacturing and supply management capabilities of Verucon are a great fit for TFC and add to our already extensive offering to manufacturers throughout Europe.”
Speaking about becoming part of TFC Europe, Wolfgang Prill, managing director at Verucon added: “Since establishing our business in 2010, we have grown our capabilities and support many different manufacturing sectors with supply of C-parts, adding kitting and Kanban Management to the range of services that add value to our customers. Joining TFC and AFC Industries enables us to further develop these capabilities and continue our mission to be a valuable support to European manufacturing for the future.”
Having spent a decade in the fastener industry experiencing every facet – from steel mills, fastener manufacturers, wholesalers, distributors, as well as machinery builders and plating + coating companies, Claire has developed an in-depth knowledge of all things fasteners.
Alongside visiting numerous companies, exhibitions and conferences around the world, Claire has also interviewed high profile figures – focusing on key topics impacting the sector and making sure readers stay up to date with the latest developments within the industry.
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