Tag Archives: Kurt Allen

Lamons Announces Acquisition and Continues to Expand Global Footprint and Product Portfolio in Europ

By Business Wirevia The Motley Fool

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Lamons Announces Acquisition and Continues to Expand Global Footprint and Product Portfolio in Europe

HOUSTON–(BUSINESS WIRE)– Lamons, a TriMas Corporation (NAS: TRS) business, continues to expand its global footprint and product portfolio in the energy market of Europe. Lamons acquired Wulfrun Specialised Fasteners Limited on March 26, 2013. Located in the United Kingdom, Wulfrun Specialised Fasteners Limited is a manufacturer and distributer of specialty bolting and CNC machined components for use in critical oil and gas, pipeline and power generation applications.

“This new acquisition enhances our capabilities throughout Europe,” said Kurt Allen, president of Lamons. “The ability to provide specialty bolts to new and existing customers, as well as the ability to supply gaskets to existing Wulfrun customers provides Lamons with additional growth opportunities throughout Europe.”

Over the past several years, Lamons has opened sales and service branches around the world to better serve its global customers. Lamons further expanded its global footprint and product portfolio with the acquisition of Gasket Vedações Técnicas Ltda in January 2013 and CIFAL Industrial e Comercial Ltda in July 2012, both in Brazil.

Lamons designs, manufactures and distributes industrial sealing products and fasteners for the petroleum refining, petrochemical, oil field and other industrial markets. These highly-engineered products are designed, manufactured and stocked in close proximity to their refining and petrochemical customers to ensure quick delivery and exceptional service.


About Lamons

Headquartered in Houston, Texas, Lamons is one of the largest gasket, fastener and specialty bolt suppliers in the world, committed to premium quality products and local service. It has major manufacturing, sales and service facilities located throughout the world. Lamons has maintained its market leadership with the widest selection of gasket and bolt materials ready for immediate delivery with leading technology and state-of-the-art manufacturing facilities that produce engineered products to custom specifications serving the petroleum refining, petrochemical, power generation, and pulp and paper industries. For additional information, visit www.lamons.com or call (713) 222-0284.

for Lamons
Christine Parker
Communications Specialist
(248) 631-5438
christineparker@trimascorp.com

KEYWORDS:   United Kingdom  United States  Europe  North America  Texas

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Source: FULL ARTICLE at DailyFinance

TriMas Corporation Announces Bolt-On Acquisition in Energy Business

By Business Wirevia The Motley Fool

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TriMas Corporation Announces Bolt-On Acquisition in Energy Business


Company Continues to Expand Global Footprint and Product Portfolio in Europe

BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)– TriMas Corporation (NAS: TRS) – a diversified global manufacturer of engineered and applied products – announced today its Lamons energy business has expanded its manufacturing capability and product portfolio in Europe with the acquisition of Wulfrun Specialised Fasteners Limited for approximately $9.6 million. The purchase price is subject to a net working capital adjustment as of the closing date. The transaction closed on March 26, 2013.

With operations in the United Kingdom, Wulfrun is a manufacturer and distributer of specialty bolting and CNC machined components for use in critical oil and gas, pipeline and power generation applications. Wulfrun Specialised Fasteners Limited generated approximately $10.0 million in revenue for the 12 months ended December 31, 2012.

“This new acquisition enhances our capabilities throughout Europe,” said Kurt Allen, president of Lamons. “The ability to provide specialty bolts to new and existing customers through our current network of branches, offer specialty bolts to our distribution customers who currently purchase them elsewhere, plus the ability to supply gaskets to existing Wulfrun customers provides Lamons with additional growth opportunities throughout Europe.”


About TriMas

Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NAS: TRS) provides engineered and applied products for growing markets worldwide.TriMas is organized into six reportable segments: Packaging, Energy, Aerospace & Defense, Engineered Components, Cequent Americas and Cequent Asia Pacific. TriMas has approximately 5,500 employees at more than 60 facilities in 17 countries. For more information, visit www.trimascorp.com.


About Lamons

Headquartered in Houston, Texas, Lamons is one of the largest gasket, fastener and specialty bolt suppliers in the world, committed to premium quality products and local service. It has major manufacturing, sales and service facilities located throughout the world. Lamons …read more
Source: FULL ARTICLE at DailyFinance