~Forward Industrial Products Ltd~
TFC has acquired Forward Industrial Products Ltd, a major player in the fastener industry based in Birmingham.
Forward began trading in 1997 as a Midlands-based distributor but has since grown into a global distributor of fasteners. They combine service solutions across inventory management, direct line feed, scheduled deliveries, MRO solutions and integrated managed stores. Forward offer a rapid part replacements service along with sample production runs. The company specialise in safety-critical fasteners and turned parts, working mainly with the automotive, aerospace, rail, power generation, infrastructure, defence, and oil and gas industries.
The acquisition is part of TFC’s strategy to further grow its business in the UK and Europe and improve geographical coverage.
“Forward Industrial has the same customer dedication as we do at TFC, along with a clear commitment to providing quality products and high levels of customer service,” said Morgan Burgoyne, President of TFC. “With Forward, we recognised a chance to bring on board a highly reputable business and skilled team known throughout the industry,” he added.
“We’re really pleased to be part of the growing TFC group. The partnership is a perfect fit for Forward Industrial,” said Martyn Cleaver, Managing Director of Forward. “It opens up new opportunities within our existing customer network and enables us to share our 27 years of industry expertise with TFC’s customers.”
The company will continue to be run by its current management team led by Martyn Cleaver, MD and operate out of its existing premises in Tyseley, Birmingham.
To find out more about Forward visit https://forwardindustrial.co.uk
About AFC Industries
TFC is a Business Unit of AFC Industries, one of the world’s leading VMI solutions providers dedicated to providing supply chain management solutions on small components and tooling for a diverse base of manufacturers and assemblers across a broad range of industries around the world. More on AFC here Supply Chain Management Solutions | AFC Industries
