Senco acquires Expandet A/S of Denmark
Expandet has been a leading fastener supplier in Europe, Asia and Africa since 1955.
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Senco Brands today announced the acquisition of Expandet A/S, Graested, Denmark, effective immediately.
“We are extremely pleased to be able to add Expandet to our portfolio,” said Senco Brands CEO Ben Johansen. “We look forward to what the company can provide our global business in terms of product diversification and alternative markets. Expandet has a qualified and deeply experienced organization that will be extremely valuable to our business long term.”
Established in 1955 by the Mortensen family, Expandet has been operated by Laus and Lene Mortensen, who took over the business from their father in 1983. Over the course of its 57- year history, the company has established itself as a manufacturer and marketer of premium-quality fasteners for professional and do-it-yourself building applications throughout Europe, the Middle East and Africa.
Expandet’s commercial reputation has been characterized by exceptional customer satisfaction, outstanding product development, and a commitment to continuous improvement. The Expandet business will report directly to Peter van der Wel, president of Senco Brands International. More details on Expandet can be found at www.Expandet.com.
Senco manufactures a broad line of air-, battery- and gas-powered tools, including nailers, staplers and screwguns, for professionals involved in wood-to-wood construction and remodeling and a variety of industrial applications. Its tools are available through professional distribution outlets in more than 40 countries. The company also manufacturers more than 750 types, styles and sizes of fasteners in its Cincinnati, Ohio facility. Learn more at www.senco.com.
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