Supply Technologies completes acquisition of Heads & All Threads
Supply Technologies, one of the UK’s leading supply chain management specialists, has acquired a key vendor managed inventory provider in a move that will enhance its global footprint.
HAT, which has its headquarters in Birmingham, specialises in developing vendor-managed inventory programmes of fasteners, machined parts, and other Class C components to end markets which include construction, automotive, and various EMS markets. HAT has experienced significant sales growth over the past decade, expanding operations into the Czech Republic, Poland, and India, and evolving its programmes with world-class OEMs.
The acquisition increases Supply Technologies’ European supply network and brings the number of its UK distribution centres to eight.
James Smetham, Managing Director of Europe and Asia at Supply Technologies, said “The acquisition of Heads & All Threads is a significant move for Supply Technologies in providing additional market diversification. Not only will it bring additional infrastructure and strong customer relationships in target markets, it also adds further depth to the knowledge and experience of our European team.”