Lamon’s parent company, TriMas, has recently announced it has entered into a definitive agreement to sell Lamons to First Reserve, a Houston, Texas headquartered private equity investment firm that exclusively focuses on energy investing. The closing is expected to occur by the end of the first quarter of 2020.
Lamons is a gasket, bolt and hose assembly manufacturer with facilities worldwide, as well as additional supporting manufacturing branch sites throughout the US, Canada, Europe and the Far East. It also utilises many licensees and distributors strategically located to provide customers the widest selection of gasket materials, fasteners and hose products readily available.
First Reserve has been solely focused on energy for more than 35 years. With its current portfolio of businesses located throughout 40 countries on six continents and a single industry focus, First Reserve offers extensive knowledge in the marketplace and the opportunity for Lamons to further enhance our ability to serve its customers.
“Lamons will continue to operate as usual. Our priorities remain focused on safety, quality, on-time delivery and customer service. We will maintain excellent service levels to support your business needs,” comments Marc Roberts, president at Lamons.
Having spent a decade in the fastener industry experiencing every facet – from steel mills, fastener manufacturers, wholesalers, distributors, as well as machinery builders and plating + coating companies, Claire has developed an in-depth knowledge of all things fasteners.
Alongside visiting numerous companies, exhibitions and conferences around the world, Claire has also interviewed high profile figures – focusing on key topics impacting the sector and making sure readers stay up to date with the latest developments within the industry.