Wesco Aircraft Holdings Inc. (WAIR) agreed to acquire Interfast Inc., a Toronto-based distributor of specialty fasteners, for C$134 million in cash as it looks to expand its presence in North America and Asia. 

Interfast provides fasteners, fastening systems and production installation tooling to the aerospace, electronics and general industrial markets. It has customers in the Asia Pacific, Europe, North America and South America.

Wesco, a provider of supply chain management services to the aerospace industry, expects to close the deal by the fiscal fourth quarter. The acquisition won't have a material impact on Wesco's current fiscal year results, but it expects it to add to earnings in fiscal 2013. The company earlier this month said its fiscal second-quarter profit fell 10% while sales rose 3.5%.