LindFast Solutions Group (LSG) completed the purchase of Merco Tape on May 13. Financial terms were not disclosed.
Founded in 1972, Hillburn, NY Merco Tape distributes duct, electrical, and masking tapes as well as specialty tapes for aerospace, defense, and medical markets. Web: mercotape.com
“We are excited about entering a new product category that is adjacent to our core fastener offering and relevant to our existing customers,” stated CEO Bill Niketas. “We think this combination is very powerful and establishes LSG as a master distribution platform focused on creating value for our customers, suppliers, employees, and all stakeholders.”
LindFast was formed with the Lindstrom acquisition of Stelfast in 2018 and was acquired by Nautical Partners in 2019. Three years later, LindFast acquired New Jersey-based Star Stainless Screw and Toronto-based Fasteners and Fittings.
Blaine, MN-based LindFast is a master distributor of specialty fasteners in North America through its metric (Lindstrom) and imperial (Stelfast) product brands. Web: LindFastGroup.com





