Fastenal Sells DIY Business

Fastenal Co., Winona, Minn., has sold certain assets and liabilities of its retail fastener and related hardware business currently marketed under the name or brands of FAS-N-IT and Anchor Wire to The Hillman Group Inc. of Cincinnati.

Fastenal is a hybrid distributor that sells fasteners, safety supplies and electrical equipment. The Hillman Group is a large supplier of fasteners to the hardware and home improvement industry.

The DIY business, which has locations in Rockford,

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