AFC Industries has acquired California distributor Meg Technologies Inc. Terms of the deal were not disclosed.
Founded in 1981, Huntington Beach, CA-based MTI is a Woman Owned Small Business (WOSB) supplying military standard aerospace fasteners to OEMs, MROs, Department of Defense customers, and other aerospace distributors. Web: mtifast.com
“We have spent many years building our business around providing excellent quality and service to our customers, and it was important to find a partner that understood and valued what has made us successful and would build on it,” stated MTI owner/president Tammy Buck.
AFC CEO Kevin Godin added: “We were looking to strengthen our capabilities and position within the aerospace market and MTI offered us the ability to do that while adding a team that has a great reputation and relationship with its customers and suppliers. Putting these two businesses together strengthens them both.
West Chester, OH-based AFC has pursued an aggressive merger and acquisition strategy in recent years. After acquiring seven companies in 2023, the MTI deal marks its second this year after adding Philadelphia-based Globe International in March.
AFC provides supply chain management solutions for fasteners, tooling and assembly components to OEMs. AFC services include VMI, stock and release programs, light assembly, kitting and private labeling. Web: afcind.com





