PennEngineering® has announced the acquisition of Sherex Fastening Solutions, a global leader in the design, manufacturing, and installation of blind rivet nuts and associated fastening solutions. The acquisition positions PennEngineering® to be the premier provider of rivet nuts worldwide, strengthening its ability to deliver innovative, high-quality fastening solutions to customers around the globe. The acquisition also allows Sherex to provide customers with additional global manufacturing capability to meet their demands worldwide, while continuing to provide enhanced value to its customers.