LONDON, UK: Trifast Plc announced today that Iain Percival is to be appointed Chief Executive Officer and will join the Main Board with effect from 20 September 2023. Founded in East Sussex in 1973, Trifast Plc is a leading international specialist in the design, engineering, manufacture, and distribution of high-quality industrial fastenings and Category ‘C’…
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Trifast plc acquires Falcon Fastening Solutions for $8.3mn
LONDON, UK: Trifast plc announced the acquisition of North American specialist fastenings distributor, Falcon Fastening Solutions Inc. Trifast plc has acquired Falcon for a total cash consideration of US$8.3m (GBP £6.0m), on a cash free/debt free basis, which has been funded through the Group’s existing cash and financing facilities. Commenting on the acquisition, Mark Belton…