Tag: acquisition

Klein Tools Ergodyne

Klein Tool Acquires Ergodyne Work Gear

The commitment to a Safer Work Place is a shared goal for many companies and tool brands, Ergodyne has been a leader at the forefront of this push with one of the most extensive collection of tool tethering and storage solutions for working at heights. Klein Tools is the brand most trusted by electricians, many working at heights so this …

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Southwire Tools Acquire ProBuilt & WobbleLight

If you can’t beat’m join’m they say. Southwire Tools has been growing both with aggressive product development but also with some very smart strategic acquisitions such as very recent purchase of Garvin Industries, to join Colman Cable for their Extension Cords, Maxis for Knockouts & Wire Pullers, Sumner for material lifts, material carts, pipe stands and the list goes on. Southwire is …

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Ridgid & GreenLee Are Now One Company

Just announced Emerson (Parent Company of Ridgid) has just acquired the Tools & Testing division of Textron (Parent Company of GreenLee). For many years these iconic brands were focus exclusively on their respective trades Ridgid was synonymous with Plumbing Tools while GreenLee Electrician Tools. In recent years these once near monopolies have been the target for many brands to challenge; …

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Southwire Tool Acquires Sumner Equipment

Our friends at Southwire Tools have been on a bit of a buying spree over the last few years with Maxis Pullers, Coleman Extension Cords and now Sumner Equipment. While Southwire is focused on electrical trades and Sumner more on the welding & mechanical trades we see a lot of reasons this acquisition makes sense for both parties. Southwire has …

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Hitachi to Acquire Metabo Tools

Well it looks to be true from this Hitachi Press Release that controlling interest, (80% or 100%) of Metabo will soon be acquired by Hitachi. We’d guess both companies would remain intact because the Metabo name is very strong but how will this shake out? Recently we have been very impressed by what Metabo has begun to do in cordless …

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