# Avantus Aerospace acquires Fastener Innovation Technology

Avantus Aerospace, a global provider of C-Class and Composite parts for aerospace and defense, acquired Fastener Innovation Technology Corporation (FIT) in Rancho Dominguez, California. FIT manufactures high-strength specialty fasteners for military and commercial aerospace applications.

- Type: Acquisition
- Announced: 2020-09-29
- Where: Rancho Dominguez, California, United States
- Status: completed
- Products: high-strength specialty fasteners
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Avantus Aerospace](https://endata.com/companies/50210.md) (acquirer)
- [Fastener Innovation Technology Corporation](https://endata.com/companies/50211.md) (target)
- [California Screw Products](https://endata.com/companies/50401.md) (target)

## Sources

- [designworldonline.com](https://www.designworldonline.com/avantus-aerospace-acquires-fastener-innovation-technologies/), 2020-09-29: "The FIT team have built an innovative, specialty fastener business with an excellent reputation."
- [valley.labusinessjournal.com](https://valley.labusinessjournal.com/transportation/aviation/avantus-adds-aerospace-fastener-portfolio/), 2020-09-29: "Our combined strength will allow us to better serve our customers."
- [prnewswire.com](https://www.prnewswire.com/news-releases/avantus-aerospace-acquires-fastener-innovation-technologies-301139996.html), 2020-09-29: "The FIT team have built an innovative, specialty fastener business with an excellent reputation."
- [janes.com](https://www.janes.com/defence-intelligence-insights/defence-news/avantus-aerospace-buys-fastener-maker-fit), 2020-10-01: "The combined strength of the two companies will allow us to better serve our customers."
- [janes.com](https://www.janes.com/osint-insights/defence-news/avantus-aerospace-buys-fastener-maker-fit), 2020-10-01: "The combined strength of the two companies will allow us to better serve our customers."
- [valley.labusinessjournal.com](https://valley.labusinessjournal.com/uncategorized/avantus-buys-another-fastener-company/), 2020-10-07: "Our combined strength allows Avantus to continue offering a diverse range of high-quality products with exceptional customer service."
- [labusinessjournal.com](https://labusinessjournal.com/manufacturing/avantus-aerospace-acquires-calscrew/), 2020-10-12: "The CalScrew team is known for taking care of their customers and we are excited about dovetailing their unique fasteners into our expanding product lineup."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.