Auveco Acquires W&E Sales Company
July 31, 2019—Auveco, a purveyor of specialty fasteners and body hardware used in the automotive aftermarket, has acquired W&E Sales Company in Newark, N.J. The transaction was effective as of late June.
W&E is a provider of auto body fasteners and specialty hand tools to the automotive aftermarket.
Auveco has grown in recent years, most recently through the June 2018 acquisition of Marli Manufacturing, a provider of automotive aftermarket mechanical components, including engine head bolts, intake manifold bolts, oil drain plugs, oil drain gaskets and other specialty fasteners and fittings. As with Marli, this latest acquisition brings new resources for W&E as a part of Auveco, such as:
- Augmented product offerings: Broader product selection and accelerated new product innovation.
- Increased service and support: Thorough customer service, robust online tools, and technical support to channel partners.
- Further growth and expansion. The Company continues to invest for growth to enhance the value proposition for customers by adding new product lines, technology, and resources.