Clarendon Specialty Fasteners, Inc. Acquires Aircraft Hardware West
20th September 2021
Clarendon Specialty Fasteners, Inc. (“CSF”) acquired Aircraft Hardware West (“AHW”) on Monday, September 20, 2021.
CSF is an aerospace wholesale distributor and value-added services supplier to the Aerospace, Defense, Space, High Performance Automotive, and Industrial market sectors. It is part of Diploma PLC, an international group of businesses supplying specialized technical products and services to a diverse customer base and end market sectors. Diploma is listed on the London Stock Exchange (DPLM.L) and is a member of the FTSE 250.
AHW is a leading stocking distributor of aerospace and commercial fasteners and is an excellent strategic fit for CSF. AHW will bring complementary and extensive experience in aircraft fasteners and associated products within the OEM Aerospace and Defense market sectors.
Since being established in 2002, AHW has expanded into new markets and established new facilities in both Mexico (Chihuahua) and Texas (Gainesville), strengthening its offering to a growing customer base as well as complementary value-added services. AHW has an excellent team of dedicated employees, who offer first-class, reliable customer service and have developed working relationships that make AHW a trusted partner in their customers’ success.
AHW’s CEO, Frank Ioffrida, will remain with the business and will report directly to CSF Vice President, Arnaud Zemmour. AHW is headquartered in Long Beach California, close to the CSF facility in Huntingdon Beach, and ideally located for many key customers.
“AHW is a great strategic fit for Clarendon Specialty Fasteners, and we are delighted to have Frank and his team on board. Building an enlarged US entity with AHW will solidify our market position whilst giving both businesses further opportunities for growth. AHW has a significant inventory profile which will help leverage opportunities in the US with new and existing customers alongside our businesses in the UK, Europe, and Asia. AHW has an excellent team of dedicated employees, committed to success which complements the core values of Clarendon and Diploma PLC, and we look forward to this exciting new partnership.”
Paul Sanders, Managing Director of Clarendon Specialty Fasteners
“Clarendon Specialty Fasteners is the right partner for AHW because they understand and value what we do here at AHW. We know them, we have worked with them, and most of all we trust and respect them. We are delighted to be a part of Clarendon Specialty Fasteners and join forces with Paul and Arnaud along with rest of the team. Both businesses have complimentary synergies that we are excited to develop together and look forward to the next phase of growth and collaboration.”
Frank Ioffida, CEO of AHW
AHW is the fifth acquisition by Clarendon Specialty Fasteners. For more information, please visit www.clarendonsf.com/about-us/news.