11 October 2021
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Trifast plc acquires Falcon Fastening Solutions Inc of the USA

Left to right: Clare Foster, CFO of Trifast PLC; Mark Belton, CEO of Trifast PLC; Giovanni Cespedes, president of Falcon; Jonathan Shearman, chairman of Trifast PLC

TR continues to expand its presence in strategic areas globally to support the localised service required by many of its OEM customers.

Mark Belton, Trifast’s CEO comments: “The Carolinas region is a strategically important area for us where a number of our global OEM’s have facilities. The culture, values and work ethic at Falcon in many ways reflect those of TR. We believe that the combination of Falcon and Trifast’s locations, experience, knowledge base and skill sets will open up significant opportunities.”

Now branded as TR Falcon, the company will continue to be managed by president Giovanni Cespedes, who has worked for the business since 2008. Based in Charlotte and Kentucky, TR Falcon was founded in 1979 and has remained as a family business during that time.

Trifast’s customer proposition is built around design and application engineers, supported by its own manufacturing locations, and worldwide distribution and supply operations across a broad range of industrial fastenings and C-class components.

Cespedes said this is “a fantastic opportunity for Falcon’s employees, customers and suppliers.”

This acquisition is complimentary to TR’s existing North American operations in Houston, with TR Falcon adding their expertise in the areas of Energy, Health and Home and General Industrial to Houston’s capabilities in the Automotive sector.

Additional investment and further acquisitions are a part of Trifast’s future expansion plans in North America. The company continues to search for other strategic acquisitions both for distribution and to add local capacity to TR’s fastener manufacturing portfolio.

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