Founded in 1973 and headquartered in Brescia, MFU is a wholesaler of fasteners and related products, mainly focused on value added services ranging from quality control to category management and integrated logistics.

In 2004 the company was acquired through a management buy-out sponsored by the KPPEF and another financial investor.

In 2006 the company was sold to Anixter International, a leading distributor of communication products, electrical and electronic wire & cable and C-class components.