Acument Makes Acquisition To Strengthen High Performance Aerospace Market

One week after launching its new Camcar® Aerospace operation in Rockford, Ill., Acument Global Technologies, Inc. (Acument) today announced it has acquired Saturn Fasteners, Inc., to augment and strengthen its capabilities in the high-performance aerospace threaded fastener market.

Based in Burbank, Calif., Saturn Fasteners employs more than 100 people in support of its more than 300 global customers, including aerospace fastening distributors, original equipment manufacturers, and their suppliers.

“The Saturn team’s strong focus on customer service and quality make the company a key component of Acument’s re-emergence as an aerospace threaded fastening supplier,” said Martin Schnurr, vice president and general manager of Acument North America. “Together with our newly launched Camcar Aerospace operation in Illinois, Saturn demonstrates our commitment to the aerospace industry and establishes a solid foundation for addressing the shortage of specialty threaded fasteners created by the dramatic ramp-up in global aircraft production.”

In addition to its well-established global customer base, Saturn gives Acument a local presence in Southern California’s growing aerospace community, Schnurr said. Terms of the acquisition were not disclosed.s uno position in extrusion technology, offering the widest range of products, as a result of constant innovations.

Posted April 3rd,2008

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