Cold Spring, KY-based Auveco, purveyor of specialty fasteners and body hardware to the automotive aftermarket, has acquired the W&E Sales Co. of Newark, NJ. W&E is a provider of autobody fasteners and specialty hand tools to the automotive aftermarket. Financial terms of the deal were not disclosed.
Both Auveco and W&E will continue to function as they have, supporting their respective customers with their existing products and services. According to Auveco, longer-term plans will be developed to better integrate the companies’ offerings and leverage each other’s strengths.
This comes about a year after Auveco acquired Marli Manufacturing, a provider of automotive aftermarket mechanical components, including engine head bolts, intake manifold bolts, oil drain plugs, oil drain gaskets, and other specialty fasteners and fittings.