Endries International announced last week that it has acquired Blue Chip Engineered Products, a Kentucky supplier of engineered fasteners and components.
The Wisconsin fastener and Class C components distributor said that Blue Chip’s fasteners, stampings and electronic hardware would enhance Endries’ position in “key industrial and high-specification markets,” including the automotive, medical device and lighting sectors.
“Blue Chip’s legacy of customer-focused service models, combined with its custom engineered fasteners, complements our existing capabilities and enhances the value we deliver to customers,” Endries President and CEO Dan Crociata said in a statement.
Blue Chip will continue to operate its facility in Erlanger, Kentucky, and founder Ken Sanker will lead its day-to-day operations as general manager.
Financial terms of the deal were not disclosed.
“By combining our expertise in engineered fasteners and custom components with Endries’ global scale and supply chain capabilities, we will expand our offerings, strengthen our ability to serve customers and create new opportunities for growth,” Sanker said.
Endries ranked at no. 32 on ID’s latest Big 50 list.
