Scovill Fasteners sold to Morito

November 1st, 2014

The Gores Group, a Los Angeles, Calif.-based investment firm, has sold Scovill Fasteners of Clarkesville, Ga., to Morito, the world’s second-largest supplier of metal clothing fasteners, based in Osaka, Japan. Morito is also a global supplier of components for automobiles, cameras and other niche manufactured products. Founded in 1802, Scovill is a leading manufacturer of...

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