Fabory strengthens position in Benelux Petrochem fastener market

Fabory is proud to announce that it has reached an agreement to acquire Stokvis. The acquisition makes Fabory the market leader in the Benelux Petrochem fastener market and further strengthens its position as fastener specialist in the Benelux. The strong strategic fit between both companies enables a stronger and more relevant proposition, building further on the deep and relevant range of fasteners, quality & engineering, and differentiating supply chain solutions.

Martin Verdegaal, CEO Fabory comments: “We are proud to welcome Stokvis to the Fabory family. We are highly impressed by Stokvis’ longstanding client relationships, and we share a common vision when it comes to product quality and logistical services. The brand and team of Stokvis are a trusted player in the Benelux Petrochem market, which we are keen to develop further.”

About Stokvis
Stokvis was founded by Frank Stokvis in 1979. In the early years, the company mainly dealt in fastening materials within the DIN norms. However, the assortment was quickly expanded to include ‘specials’: fasteners specifically made according to client drawings or samples. Over the years, Stokvis began to specialise in products within the ASTM norms as well. Today, Stokvis Trading BV is a true ASTM specialist and has grown into one of the largest suppliers in the Benelux.

About Fabory
Fabory is a leading specialist supplier of fasteners and related products in the Benelux with a pan-European presence. It provides a broad assortment of high-quality and application-critical fasteners (180,000 SKUs) to over 65,000 customers throughout Europe. Its client base ranges from multinationals to small and medium-sized enterprises across various end markets, including machine building, electrical appliances, automotive, and construction. Fabory combines deep technical knowledge with integrated supply chain solutions, providing its customers with reliable and safe fastener solutions. Fabory employs around 1,000 team members. https://www.fabory.com