Optimas OE Solutions

Optimas OE Solutions, formerly Anixter OEM Supply — Fasteners, is a specialty distributor and manufacturer of highly engineered fasteners and C-Class components headquartered in Glenview, Illinois, United States. The company employs nearly 2,000 individuals globally, with 70+ locations in Europe, Asia and North America. There are 30 locations in the United States.[1]

Optimas OE Solutions supplies 8.6 billion components from 250,000 SKUs annually to approximately 4,000 customers worldwide in the commercial vehicle, luxury automotive, agricultural equipment, power generation equipment, construction and general industrial markets. The average relationship among its 10 largest customers exceeds 17 years.[2] While still known as Anixter OEM Supply — Fasteners, the business reported 2014 revenues of $938.5 million and operating profit of $39.1 million.[3]

The company is a practicer of Just-in-Time (JIT) and Kanban manufacturing techniques. Anesa Chaibi is the company’s Chief Executive Officer.[4]

History

Anixter OEM Supply-Fasteners was acquired by American Industrial Partners (AIP), a U.S.-based private equity firm investing in industrial manufacturing and engineering businesses in North America, in February, 2015.[2] The company began formal operations as Optimas OE Solutions in June, 2015.[5]

In November 2015, Optimas OE Solutions acquired Barton Coldform LTD.[6] Barton, based in the UK manufactures and supplies roughly 20 million parts per month to the European automotive market.[7]

References

  1. ↑ "Optimas OE Solutions". optimas.com. Retrieved 2015-12-04.
  2. 1 2 "Anixter Fasteners Testing New Name - Global Fastener News". globalfastenernews.com. Retrieved 2015-12-04.
  3. ↑ "Anixter - News Release". investors.anixter.com. Retrieved 2015-12-04.
  4. ↑ "Moody's assigns B3 CFR to Optimas OE Solutions Holding, LLC with a stable rating outlook". Moodys.com. Retrieved March 4, 2016.
  5. ↑ "PE HUB | Anixter sells Fasteners unit to AIP". www.pehub.com. Retrieved 2015-12-04.
  6. ↑ "Optimas OE Solutions Acquires UK-Based Barton Cold-Form Ltd". Barton Coldform Innovation. Retrieved 2015-12-04.
  7. ↑ "About - Barton Coldform Innovation". Barton Coldform Innovation. Retrieved 2015-12-04.
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