---
title: TFC Acquires Forward Industrial | TFC Europe
description: TFC Acquires Forward Industrial - ~Forward Industrial Products Ltd~ TFC has acquired Forward Industrial Products Ltd, a major player in the fastener industry based in Birmingham. Forward
image: https://blog.afceur.com/hubfs/Imported_Blog_Media/Forward-min.png
---
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# AFC Acquires Forward Industrial
Morgan Burgoyne
### Morgan Burgoyne
Morgan has led our team to support the successful growth of the TFC Group from 2007, when its turnover was £7.5 m, to £25m when it was acquired by AFC Industries in 2022. An expert in strategic planning, business turnarounds, and performance improvements, Morgan excels in driving revenue growth, leading organisational transformation, and managing end-to-end projects with emotionally intelligent leadership across people, processes, finances, and business partnerships.
August 06, 2024
## ~Forward Industrial Products Ltd~
#### AFC has acquired Forward Industrial Products Ltd, a major player in the fastener industry based in Birmingham.
Forward began trading in 1997 as a Midlands-based distributor but has since grown into a global distributor of fasteners. They combine service solutions across inventory management, direct line feed, scheduled deliveries, MRO solutions and integrated managed stores. Forward offer a rapid part replacements service along with sample production runs. The company specialise in safety-critical fasteners and turned parts, working mainly with the automotive, aerospace, rail, power generation, infrastructure, defence, and oil and gas industries.
The acquisition is part of AFC’s strategy to further grow its business in the UK and Europe and improve geographical coverage.
“**Forward Industrial has the same customer dedication as we do at AFC, along with a clear commitment to providing quality products and high levels of customer service**,” said Morgan Burgoyne, President of AFC. “**With Forward, we recognised a chance to bring on board a highly reputable business and skilled team known throughout the industry,**” he added.
“**We’re really pleased to be part of the growing AFC group. The partnership is a perfect fit for Forward Industrial,**” said Martyn Cleaver, Managing Director of Forward. “**It opens up new opportunities within our existing customer network and enables us to share our 27 years of industry expertise with AFC’s customers.**”
The company will continue to be run by its current management team led by Martyn Cleaver, MD and operate out of its existing premises in Tyseley, Birmingham.
To find out more about Forward visit [https://forwardindustrial.co.uk](https://forwardindustrial.co.uk/)
**About AFC Industries**
AFC is a Business Unit of AFC Industries, one of the world’s leading VMI solutions providers dedicated to providing supply chain management solutions on small components and tooling for a diverse base of manufacturers and assemblers across a broad range of industries around the world. More on AFC here [Supply Chain Management Solutions | AFC Industries](https://www.afcind.com/?hsLang=en)
For further information [click here](https://tfc.eu.com/)
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