OneMonroe (Monroe Engineering) has recently completed the acquisition of Electronic Fasteners, Inc. (EFI), a wholesale stocking distributor. From now on, Electronic Fasteners will be known as Monroe EFI.
According to a press statement, the combined strength of the two companies is expected to lead to better customer service, expanded product offerings, and deeper supplier partnerships.
OneMonroe is an ISO 9001:2015 certified global industrial manufacturing company, offering a broad product line and has a diverse customer base of manufacturers, distributors, and catalog houses across several vertical markets.
This means the Electronic Fastener team — now Monroe EFI — has expanded access to thousands of additional vendors and products, including experience, through the nationwide OneMonroe network. The companies will operate much as before, but with the additional advantage of shared knowledge and products to serve the market better.
Filed Under: Fastening + joining, Fastener industry news