FBM Corporate Finance consulted the founder and owner of Fastto Netherlands in this transaction.
On March 1, 2022, Fabory signed an agreement to acquire Fastto Nederland BV from founder and owner Guido Voskamp. Fastto is a recognized fastener specialist with a relevant product portfolio and strong customer focus. Both fastener specialists Fabory and Fastto have a strong strategic fit, both combining in-depth fastener expertise with application knowledge and a differentiated service level. ‘Fabory is impressed with the excellent relationship management Fastto is known for. The team’s enthusiasm and customer focus is inspiring. It is easy to understand how Fastto has managed to build long-term customer relationships. We are proud to welcome Fastto to Fabory,” said Francisco Terol, CEO Fabory.
Guido Voskamp, owner and founder of Fastto: ‘When I started Fastto, I had in mind a fastener specialist like Fabory, both companies are strongly rooted in the world of fasteners. This is an exciting next step in Fastto’s development. The combination will benefit from a service mentality that closely matches the customer profile, strong expertise and a comprehensive product range to support customers in their fastener needs. We are confident that this joining of forces will open up many new opportunities.
About Fastto
Fastto Netherlands BV is managed by owner and founder Guido Voskamp, is located in Houten in the heart of the Netherlands. Ever since its establishment in 2000, Fastto has been 100% focused on the distribution of fasteners with a wide and deep range of specialized products. Fastto builds from strong customer service, robust expertise and application knowledge in the field of fasteners. This creates a relevant value proposition to a diversified customer base, including a number of larger accounts in the machinery and equipment industry, as well as the construction industry. For more information, visit www.fastto.nl.
About Fabory
Fabory is a leading specialized supplier of fasteners and related products in the Benelux with a strong European presence. Fabory supplies a wide range of 180,000 high quality and application critical fasteners to more than 60,000 customers throughout Europe. The customer base ranges from multinationals to small and medium-sized enterprises in various end markets, including mechanical engineering, electrical appliances, automotive and construction. Fabory combines deep technical knowledge with integrated technology-driven supply chain solutions and a differentiated digital offering, enabling it to offer its customers reliable and secure fastener solutions. Fabory employs approximately 1,000 team members. For more information, visit www.fabory.com/group.